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Last month’s inflation figures were lower than expected, but tariffs continue to loom. -
The Insurance Insider US news team runs you through this week’s key agency M&A.
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Based in London, the executive joined BMS nine years ago after a stint as MD at AJ Gallagher.
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She replaces Matt Westhoff, who left in October to lead QBE NA.
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The agency collects gold standard data and conducts research. Without that, there’s more uncertainty.
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Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
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A quick roundup of our best journalism for the week.
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Shareholders say the stock has declined around 59% in the past year while book value has dropped ~30%.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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The Democratic senator said increased federal oversight of insurance is not the answer.
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Kathleen Reardon, CEO of Hiscox Re & ILS, also talked about the impact of the California wildfires and why it’s important for cedants to work with a reinsurer with strong underwriting and modelling skills when disaster strikes.
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CEO Greenberg cited ‘competing priorities’ in his annual letter to shareholders.
