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Sources said the PE-backed platform retained IAP to advise on the process. -
SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
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The governor has yet to sign a pending bill to create a public cat model.
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Jonathan Rinderknecht was arrested Tuesday on destruction of property charges.
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JP Morgan and RBC are advising the brokerage on its options ahead of an eventual IPO.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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The charges allege “egregious delays” and “unreasonable denials” in claims.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The request cites use of Verisk’s forward-looking wildfire model.
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Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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The business has been ~70% owned by White Mountains since January 2024.
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California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
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