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The Insurance Insider US news team runs you through this week’s key agency M&A. -
Understanding people’s strengths was seen as key to mitigating workplace challenges.
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There are now 14 new companies writing homeowners’ policies in the state.
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The ruling comes as insurers face growing legal pressures following the January blazes.
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The exec said the feds have been given data to potentially pursue criminal charges.
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The broker built out Lockton Re’s US casualty and professional lines treaty book.
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Andrew Pryde succeeds Andreas Kull, who will stay on until September.
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With the added capacity, the MGA can offer up to $35mn per risk.
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Sources said BMO was retained earlier this year to advise on the strategic process.
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Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends.
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The partnership is being formed via Liberty Mutual’s Ironshore subsidiary.
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The insurer intends to take on up to 81,040 policies this year.
