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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The decision comes after the agency refused to block a climate related vote at Travelers.
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Jeanmarie Giordano joined the company last September.
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The company’s stock jumped 14% within 30 minutes of the market’s open.
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Defendants claim that Tradesman lacks standing to bring the case.
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The judge noted similarities in Dellwood’s business plan and AIG’s.
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After a period of business building, MGAs will likely spend more time optimizing.
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The shares will be purchased via the open market or private third-party transactions.
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Both bills are now on Governor Kemp’s desk awaiting signatures.
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The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
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RBC reports can help regulators identify weakly capitalized companies.