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Ryan Specialty snaps up $19mn-revenue agency JM Wilson
The Michigan-based firm will join Ryan Specialty’s binding authority division.
Jairo Ibarra
,
June 05, 2025
Daily Digest: Top news from June 5
A quick roundup of today’s need-to-know news, including AJ Gallagher, Acrisure, Hurricane Milton and more.
Insurance Insider US news team
,
June 05, 2025
Acrisure to offer $750mn senior notes due 2032
The offering comes after Acrisure’s $2.1bn convertible pref share raise.
Jairo Ibarra
,
June 05, 2025
AJG to respond to second DoJ request on AssuredPartners deal in mid-Q3
The merger is on track to close in H2 2025, CEO Pat Gallagher said.
Kyoung-son Song
,
June 05, 2025
PCS ups Missouri SCS loss estimate to $7bn
The number has expanded by around 40% from an earlier update, sources said.
Liz Bury
,
June 05, 2025
A worst-case scenario hurricane season could be ‘terrible,’ but not existential
Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
Adam Kovac
,
June 05, 2025
US social unrest following earthquake could cost $11bn: Synthetik
The modeller said the insurance market could be exposed to unexpected aggregations.
Samuel Casey
,
June 05, 2025
In Partnership With
Markel
Increased regulatory scrutiny on fintech could lead to higher claims: Markel’s Rugg
Insurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.
June 05, 2025
PCS cuts its Hurricane Milton loss estimate to $17.1bn
The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
Jai Singh
,
June 05, 2025
Macro impact on P&C discussed at Executive Business Club
Panelists discussed MGA mergers and acqusitions and the need for tort reform in the US.
Kyoung-son Song
,
June 04, 2025
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