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Homeowners’ insurance rates have spiked almost 60% since 2018.
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Concern over rate adequacy remains, but reinsurers are delving deeper into data rather than walking away.
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A California ruling could set an important precedent as other courts consider similar cases.
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The investment values Bolttech at $2.1bn and will enhance its global growth strategy.
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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 former executive claims he was terminated for reporting that III CEO Sean Kevelighan used homophobic slurs.
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Shawn Parker takes up Gatt’s previous role as COO of Westchester Programs.
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Sources said the executive will join AJ Gallagher in a regional leadership position.
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Frequency and severity of claims is starting to rise, and comes after sharp softening of rates.
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The insurance industry countered that the committee ignored a “toxic mix” of risks driving up costs.
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A look back at the year in P&C (re)insurance, with the aid of some of our visual journalism.
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CEO Trevor Carvey said the revision reflected Conduit’s “favourable reception”.