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The PVT market has seen a recent spike in staff movements, as new capacity enters the space. -
Negotiations come after Insurance Insider US revealed that the Bermudian was running an auction.
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The specialty insurer founded via a recapitalization of StarStone US is likely to go public in Q4.
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The Heritage Foundation think tank behind the plan argues that the private sector could do things better.
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The rate change will be implemented in November.
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Reagan Consulting has been retained to advise the ~$125mn Utah-based brokerage.
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A quick roundup of today’s need-to-know news, including price softening, a Citizens audit and Canada wildfire losses.
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The ratings reflect the balance sheet strength of parent Core Specialty.
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The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.
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The broker has seen an “outpouring of interest” from talent looking to join since the Truist exit.
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Citizens’ auto-renewal controls were down from February 2023 to August 2023.
