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The Insurance Insider US news team runs you through the earnings results for the day. -
The alleged insurance fraud targeted anyone who could fund the settlements, argued the plaintiffs.
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Renewal rates fell, despite elevated catastrophe losses.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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Alcor has also opened an Atlanta office, broadening operations in the US market.
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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 judge ruled the deal relied too heavily on Bermuda law for US law to apply.
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The PE-backed MGA lined up Morgan Stanley, JP Morgan and Bank of America to advise.
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The executive briefly exited the firm last month for a role at Marsh.
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The company also encouraged insurers and brokers to support the initiative.
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Rising inflation could raise claims severity but also increase investment income.
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BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
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