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The ratings agency cited support from parent company MSI for the upgrade. -
Allstate attributed the bulk of its losses to three major wind and hail events.
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PwC reported that deal volume decreased to 209 deals from 297, but values climbed to $30bn from $20bn.
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The carrier is pricing shares at the upper end of the range announced this month.
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Howden has been expanding its South American presence through M&A.
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Fallon will retire in January 2026 after 30 years at the company.
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Coverage has broadened while limits have increased, the broker said.
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The company has also promoted Alex Baker and Tim Duffin.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Markel is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions.
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Holschneider co-founded the firm and is currently executive chairman.
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The carrier has scaled up its international insurance offering in recent years.
