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This publication previously revealed that private equity firm GTCR was seeking to place the broker into a continuation vehicle. -
Mr Cooper Group said it was the target of a 2023 hacking attack.
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The floods add to an already historic loss tally for Canada in 2024.
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The average size of acquired agencies was $2.74mn, down from $4.23mn a year earlier.
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A quick roundup of today’s need-to-know news, including broker M&A, Davies North America, AIG/Berkshire and more.
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The market grew at a rate of 32% annually from 2017 to 2022.
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The deal’s closing comes just a month and a half after the companies announced the transaction.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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A quick roundup of today’s need-to-know news, including Marsh McLennan’s McGriff acquisition.
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The activist investor’s position at the end of Q3 was valued around $116.3mn, SEC filings show.
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Net property losses from Hurricane Milton in October reached $153.6mn.
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The California fire was 91% contained as of Friday.
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