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Insurance
US P/C players see more downgrades
More downgrades reflect a difficult period for the personal lines segment, according to AM Best.   5 November 2023
Florida capacity likely to increase after reforms
Insurance
Florida capacity likely to increase after reforms
Florida legal changes starting to show results, and California needs to take heed, says Fitch senior director Christopher Grimes.   5 November 2023
Arthur J Gallagher to acquire Cadence Insurance for $904m
Insurance
Arthur J Gallagher to acquire Cadence Insurance for $904m
The deal will help grow its presence in US Southeast and Texas across niche lines.   26 October 2023
Insurance
US commercial insurtech emerges from stealth mode with $5m seed funding
Its leadership includes executives from Google, Amazon, Hartford & Travelers.   26 October 2023
Insurance
Rokstone lures AIG leader for top marine role in North America
The MGA aims to dominate the middle-market marine space ‘overlooked’ by carriers.   25 October 2023
Insurance
Gallagher buys New York broker to expand in SME market
The deal is part of its newly launched mergers and acquisitions (M&A) model.   24 October 2023
Insurance
R&Q sells Accredited to Onex for $465m citing ‘unsustainable’ leverage
Chairman claims this is the ‘best possible outcome’ for R&Q stakeholders.   23 October 2023
Insurance
US casualty heads toward bumpy renewal: Fitch
Liability has plenty of issues, but profit and reinsurance capacity haven’t been among them.   23 October 2023
Insurance
The Hartford rehires claims chief from Liberty Mutual
He spent more than 16 years at The Hartford in various leadership roles.   20 October 2023
Insurance
White Mountains swoops for MGA focussed on California market
It has struck a $285 million deal to acquire nearly 70% in the company.   20 October 2023

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