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AmRisc launches Calais Reciprocal Exchange

The exchange is backed by $100mn in funding from CD&R and others.

Adam Kovac, June 18, 2025
Slide IPO proceeds to take carrier to $1bn in capital by end of 2025

Slide will also expand its footprint to New York and New Jersey towards the end of the year.

Farhin Lilywala, June 18, 2025
Daily Digest: Top news from June 18

A quick roundup of today’s need-to-know news, including Slide’s IPO, PwC analysis, Allstate, Progressive and more.

Insurance Insider US news team, June 18, 2025
United Risk completes acquisition of Australia’s Pinnacle Underwriting

In March, this publication revealed that Pinnacle was considering a sale.

Jairo Ibarra, June 18, 2025
Allianz brings on O’Grady as head of Canadian property

The executive previously spent 15 years in a variety of roles at Zurich.

Adam Kovac, June 18, 2025
Allstate posts $777mn in cat losses for May, Progressive reports $275mn

Allstate attributed the bulk of its losses to three major wind and hail events.

Adam Kovac, June 18, 2025
May loss costs: Warning signs from construction costs

Tariffs could drive up property loss costs, but the impact on other items has been muted.

Henry Meiners, June 18, 2025
Everest’s Williamson backs Chubb's stance on LitFin and calls for reform

Jim Williamson said litigation funding had evolved into an investment class.

Rebecca Perkins, June 18, 2025
‘Next best exit strategy will be IPO markets’: PwC’s Friedman

PwC reported that deal volume decreased to 209 deals from 297, but values climbed to $30bn from $20bn.

Jairo Ibarra, June 18, 2025
Hospital MPL insurers move down towers as molestation claims wipe out limits

The impact of SAM claims is reverberating through the tower and the broader marketplace beyond hospitals.

Kyoung-son Song, June 18, 2025

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