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Slide will also expand its footprint to New York and New Jersey towards the end of the year.
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A quick roundup of today’s need-to-know news, including Slide’s IPO, PwC analysis, Allstate, Progressive and more.
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In March, this publication revealed that Pinnacle was considering a sale.
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The executive previously spent 15 years in a variety of roles at Zurich.
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Allstate attributed the bulk of its losses to three major wind and hail events.
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Jim Williamson said litigation funding had evolved into an investment class.
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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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She joins from Liberty Mutual, where she spent almost three years in various senior roles.
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The carrier is pricing shares at the upper end of the range announced this month.
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The insurer first noticed “unusual network activity” on June 7.
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Florida regulators have also approved takeouts for Mangrove and Slide.
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Howden has been expanding its South American presence through M&A.