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The Insurance Insider US news team runs you through this week’s key agency M&A. -
Drummond had asked the state’s insurance commissioner to help him combat rising rates.
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California and Florida were up significantly, but premium growth slowed in Texas.
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The president and CEO will also be eligible for up to $50mn in shares.
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The first round of 2026 renewals was largely favorable for buyers.
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Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026.
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The market was unphased by January’s record wildfire loss in Los Angeles.
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Non-loss impacted major property program rates were down by up to 20% at the renewal period.
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The former EVP and head of annuity solutions will replace Schaefer upon retirement.
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Defendants can service clients who signed BOR letters as of December 29.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
