Financial and Professional Lines News | Insurance Insider US

While buyers enjoy favorable market conditions, increased costs from tariffs could spell trouble in 2026.

The July purchase has not been contested in bankruptcy filings.

The $100mn ABC tower led by Berkshire Hathaway Specialty remains under an automatic stay.

Court filings confirm previous reporting from this publication.

The underwriting unit has also rebranded D&O specialist Leopanthera.

Specialty was the busiest segment but still recorded a YoY drop of seven points.

Several lines had price decreases, while growth in most sectors slowed from previous quarters.

London-based Tristram Prior will transfer to Bermuda to lead the line of business.

The policy includes a $200mn limit with an additional $100mn for side A coverage.

The executive co-led the US financial institutions business at BHSI.

The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.

The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.

The hire advances Howden’s growth push in the US.

Next year will mark five consecutive years of insolvency increases.

The company has been growing rapidly since the summer, with at least 300 currently employed.

A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.

The move comes after the company posted 52% YoY top-line growth in Q3.

The company announced four key leadership appointments on Wednesday.

Quota share is less common in the medmal space, where layered and shared structures have been dominant.

Veradace claims the deal benefits Tiptree management at shareholder expense.

The executive noted that an influx of new entrants in the E&S market is increasing competition.

The chief executive said he doesn’t expect to see a price drop anytime soon.

The broker will join Ron Borys’ financial lines team.

The global insurer will need to convince investors on the quality of the book.

Property insurance rates declined by 9%, the same as in the prior quarter.

Property pricing fell by 8%, while casualty rate increases tapered to 3%.

The Jay Rittberg-led program manager kicked off a strategic process in August.

Northeast Insurance said 55 claims were brought under the Child Victims Act.

The new chief executive has served on PI’s board since 2018, including as chair.

The broker will report to Howden US CEO Mike Parrish.

A Lloyd’s consortium led by Beat Syndicate 4242 backs the MGA.

The Insurance Insider US news team runs you through this week’s key agency M&A.

The $20bn+ TIV data center is seen as the leading edge of significant new demand.

Economic volatility, including from tariffs and rising interest rates, is reshaping risk profiles for specialty insurers.

The as-yet unnamed platform will have to compete in a crowded market for M&A and lift-out opportunities.

The MGA business was valued at an enterprise valuation of upwards of $1.1bn, sources said.