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Court documents show Travelers subsidiary Northfield Insurance is the insurer.
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The move consolidates the company’s leadership of primary and excess construction casualty lines.
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Recent inbound offers can “oftentimes” be a leading indicator that the market is slowing, he said.
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The former Lloyd’s CEO is also eligible for a target $5mn annual equity award.
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The Insurance Insider US news team runs you through the earnings results for the day.
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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.