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The Floridian is expecting to have around 40,000 policies in force by year-end. -
The ex-Ategrity CEO launched Pivix Specialty in September 2024.
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The Lone Star State has seen rapidly increasing rates in recent years.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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MGA growth is still strong but has passed its 2022 peak.
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The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change.
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The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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Commercial property premium growth declined 18% in Q1, as rates fell 20%.
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Renewal rates were favorable compared to what could have happened after several hurricanes.
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The Hartford’s Q1 CoR increased 4.1 points to 96.9% driven by cat losses.
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His leadership roles included overseeing the firm’s capital solutions group.
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Macroeconomic volatility could also create top-line headwinds.
