US Southeast/Gulf
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The tropical cyclone is expected to be named Imelda. -
The company is estimating its IPO price at $18-$20 per share.
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Sources said the agency first considered a debt raise but recently pivoted to a sale process.
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Models anticipate a busier second half, particularly in the next few weeks.
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The company generated $71.4mn in revenue for H1 2025.
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The bi-partisan legislation would make FEMA a cabinet-level agency.
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The PE-backed MGA has Morgan Stanley, Bank of America and JPMorgan advising.
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Arkansas-based RVU provides commercial P&C and some specialty programs.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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California posted a 47% jump YoY, from a 28.4% rise in June.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Court documents show Travelers subsidiary Northfield Insurance is the insurer.
