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The announcement spurred a quick spike in stock market valuations.
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The coverage will only be available in Illinois and Michigan at first.
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The book of business comprises both personal and commercial lines.
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This publication revealed last year that Brownyard was considering a sale.
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The program is being launched through subsidiary Southern Marine.
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The larger awards over the past two years could serve as an anchor for future verdicts.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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A survey from the carrier looked at the political risk and violence concerns of companies.
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He will oversee Ascot’s US and Bermuda insurance and reinsurance companies.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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The company is expanding availability of its large enterprise offerings.