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Social inflation is driving non-renewals, while CoRs are up for P&C and casualty. -
The carrier sees opportunities to grow in New York, the mid-Atlantic and Florida.
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The executive has been with the brokerage since 2004.
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CEO Rick McCathron also said the company is seeking to diversify its portfolio.
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This publication reported yesterday that Talanx was closing in on the sale.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The executive joins from At-Bay and brings more than 25 years of experience.
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The MGA will expand its US reach in apartments, condo associations and single-family rentals.
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Not everyone will emerge unscathed as brokers navigate the slow-growth environment.
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The loss was driven by nat cats and reserve adjustments in US casualty.
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California wildfires account for $40bn of the insured loss tally in H1.
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The gross loss ratio for the homeowners InsurTech fell by 12 points last quarter.
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