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A quick roundup of today’s need-to-know news, including Verisk, Conduit Re, Axis and more. -
Brown & Brown fell 10% and Ryan Specialty 8% as investors digest the deteriorating outlook.
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The pace of increases ticked down in the second quarter compared to Q1.
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The SME and middle market segments remain ‘pretty healthy’.
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The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.
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The company provides management workflow for residential contractors.
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Pricing was “virtually flat” in the second quarter.
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The CEO said business remains adequately priced in most classes.
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Roughly half a year since the LA fires, brokers said there’s hope things are turning around.
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The carrier is reducing its exposure to quota shares and shifting to XoL.
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Millions are evacuating after one of the strongest earthquakes in modern history.
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The broker has noted that double-digit reductions are increasingly available in property.
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