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Bishop Street acquired Conifer Insurance earlier this month. -
Baudouin is transitioning to a chairman position in Mexico.
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Insurers are fighting to recoup claims they have paid out.
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Padilla has also held senior regional roles at Cooper Gay and Swiss Re.
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The executive played a role in founding Montpelier Re, Lancashire and Fidelis.
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TSR predicts Atlanta, Georgia, could face Cat 1 windspeeds as the storm moves further inland.
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The new wholesale broking team will begin with professional liability, Acrisure said.
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While Republicans are typically perceived as best for business, there are several factors at play.
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Helene is currently a Category 1, but rapid strengthening is anticipated over the next day.
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The transaction would be one of the largest strategic-on-strategic deals ever in the broking space.
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In the best-case scenario, a Big Bend-landing storm could cost $3bn-$5bn, Howden Re said.
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A hurricane warning is in effect from the Anclote River to Mexico Beach, Florida.
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