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D&O liability premiums have declined by double digits in seven of the last eight quarters.
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The carrier has also received 11,750 fire-related claims so far this year.
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Gibbs will oversee delegated underwriting authorities and facilities.
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This is the second acquisition Amwins has announced this year.
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The announcement comes amid discussions regarding a potential merger with Howden.
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The investment supports Coalition’s goals for its active insurance offerings.
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The executive is returning to Tysers after nearly four years at Price Forbes.
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The group posted a 15.7% gain for February and 29.2% for January.
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The group will house a segment for specialty and benefits and another for underwriting.
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Workers' comp continued to offset GL adverse development, but the bucket is running dry.
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A quick roundup of today’s need-to-know news, including State Farm, the E&S market and our weekly news and story digest.
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The Insurance Insider US news team runs you through this week’s key agency M&A.