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The average for October was roughly half of that for September.
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The firm will provide an update on November 22 to avoid holiday season.
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Industry campaign cash favors Republicans, except when it comes to the presidential election.
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The Insurance Insider US news team runs you through the earnings results for the day.
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He joins from R&Q Insurance Holdings, where he has been chief accounting officer.
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The broker said the casualty segment is approaching an “inflexion point”.
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Republican tariffs and higher Democratic corporate taxes would hurt the sector.
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The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
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The conglomerate expects pre-tax losses from Hurricane Milton of between $1.3bn-$1.5bn in Q4.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.