Brown & Brown
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Cat rates meanwhile are seeing downward pressure from 'pricing fatigue’ and limit expansion.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The announcement was made in a securities filing Thursday morning.
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The charity supports mental health causes such as research and education.
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Insurance Insider US examines public brokers’ 2023 M&A.
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The broker’s Q4 programs reinsurance change led to a one-time $19mn charge that will allow it to reduce its PML exposure.
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Brown & Brown Q4 organic growth slows to 7.7% on programs deceleration
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The executive retired from Zurich effective 31 December, 2023, most recently serving as chief transformation officer, after beginning her career with Zurich in 1991.
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Founded in Volusia County, Florida in 1948, Caton Insurance merged with John Hosey agency in 1993 to create Caton-Hosey Insurance.
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The Insurance Insider US news team runs you through some of the key M&A intelligence from the past week.
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Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
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At least one carrier struck a note of caution during Q3 earnings about the ongoing rapid growth story in surplus lines.
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The Brown & Brown CEO noted that property cat remains "the most challenging" line, while workers' comp decreases have continued to slow.
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The Inside P&C news team runs you through the earnings results for the day.
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Mike Bruce was previously CEO for Global Risk Partners, acquired by Brown & Brown last year.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Brown & Brown CEO will cycle 470 miles in seven days through the Alps, climbing 66,000 feet, with his brothers.
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Differences in business mix and definitions yield differing trajectories for brokers, but in the absence of a recession, we may see continued margin improvement.
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Still, the slowdown doesn't mean that a good business won't trade at high multiples, and the marketplace remains competitive for high-quality acquisitions, executives noted.
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The Inside P&C news team runs you through the earnings results for the day.
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Krump retired from Chubb in January of this year, while Masojada retired from Hiscox in 2021.
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The US retailer’s acquisition of the UK MGA and broking group will be mutually beneficial, according to executives.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The transaction is expected to close in the fourth quarter, subject to regulatory approvals. Financial details were not disclosed.