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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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The regional insurer has increased its weighting to OLO and commercial auto, versus comp.
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The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
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This is its second significant wholesale acquisition this year following the $54mn takeover of NBS.
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North American carriers completed the most transactions in the first half of 2025.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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A timeline for the process has yet to be determined, but the base case is H1 2026.
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Sources said the Atlanta-based platform retained Evercore to run the auction.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Sources said that Evercore is running the process, which went through first-round bids earlier this month.
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Weatherbys Hamilton provides private client, bloodstock and farm coverage.
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This is the New York-based firm’s first acquisition since launching in 2024.