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The Insurance Insider US news team runs you through this week’s key agency M&A. -
At the year’s mid-point, there were 111 new SCAs filed in federal courts.
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The cyber business will continue to operate as a standalone entity.
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Elevated cat losses in H1 weren’t enough to stop a further softening of the market.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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Earlier this year, Insurance Insider US revealed that the insurers were in takeover talks.
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The executive joined The Hartford when it acquired Navigators in 2019.
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The investigation follows several civil racketeering cases filed by Tradesman based on similar facts.
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Last month, Insurance Insider US revealed that former GTS Americas head Scott Pegram had left the company.
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Florida recorded premium growth in June after declines in May and April.
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The unit will include both ocean and inland marine coverage.
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The carriers remain in takeover negotiations but have not reached a decision around valuation.
