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The MGA said payments to affected customers began shortly after the event. -
Texas was up over 25%, though California and Florida both recorded reductions.
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Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking.
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The executive will report to Katalyx president and CEO Praveen Reddy.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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The executives are based in Seattle and New York.
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The executive was previously the cyber practice lead for Ryan Financial.
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Light cat losses at year-end portend capital deployment and return decisions in 2026.
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The PE firm held 3.1% of the company’s shares, but will now hold none.
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The city said it was self-insured at the time of the attack.
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Sizable reserve releases offsetting casualty reserve charges cannot last forever.
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The valuation for the Jay Rittberg-led program manager is understood to be $1bn+.
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