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US Midwest | Insurance Insider US
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Admin
| Jan 22, 2025 2:22:16 PM
Legal
Illinois sues State Farm over access to data on homeowners’ policies
State Farm is under investigation as its premiums have been rising “drastically".
Clark Mindock
,
October 15, 2025
Talent
Acrisure to lay off 400 accounting employees
The layoffs will mostly affect workers in Michigan.
Adam Kovac
,
October 09, 2025
Commercial Lines
Tropolis has ~$150mn of dry powder to follow hub-and-spoke M&A strategy: CEO
The firm posted trailing 12-month organic growth of 23% YoY supported by a three-pillar strategy.
Jairo Ibarra
,
October 02, 2025
Talent
Westfield names industry vet Haagen as CUO
The long-time Allianz and Hive executive will be based in New York City.
Adam Kovac
,
August 27, 2025
M&A
Ryan Specialty snaps up $19mn-revenue agency JM Wilson
The Michigan-based firm will join Ryan Specialty’s binding authority division.
Jairo Ibarra
,
June 05, 2025
Catastrophe losses
PCS ups Missouri SCS loss estimate to $7bn
The number has expanded by around 40% from an earlier update, sources said.
Liz Bury
,
June 05, 2025
Catastrophe losses
Gallagher Re pegs Midwest storm insured losses at $4bn-$7bn
SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
Abbie Day
,
May 23, 2025
Catastrophe losses
Recent Midwest storms among costliest in US history: Aon
Two large storms hit the Midwest and Ohio Valley regions on May 14-17 and May 18-20.
Abbie Day
,
May 22, 2025
Catastrophe losses
Severe weekend storms could lead to $5bn in SCS losses: Siffert
Tornadoes have killed at least 32 people in three states.
Adam Kovac
,
May 19, 2025
M&A
Hadron buys GCNA and gains admitted licensing across all 50 US states
The move will enable Hadron to deliver more admitted insurance solutions to clients and policyholders.
Samuel Casey
,
April 15, 2025
MGAs/MGUs
Hagerty and The Hanover to offer specialized coverage for collector cars
The coverage will only be available in Illinois and Michigan at first.
Adam Kovac
,
April 09, 2025
Catastrophe losses
Midwest tornadoes cause major damage and leave 40 dead
The insurance industry has experienced mounting losses from severe convective storms.
Samuel Casey
,
March 17, 2025
Brokers
Ryan Specialty paid $426.8mn for London MGA platform Innovisk
This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
Jairo Ibarra
,
February 21, 2025
Specialty lines
Iowa mutual FMH enters Canadian market with Palliser buy
This is FMH’s first acquisition since acquiring Axa XL’s crop unit last April.
Jairo Ibarra
,
February 04, 2025
Most Recent
Axa XL hires AIG’s Carnazza to lead Americas construction property
Travelers improved cat cover with ‘modest’ increase in costs: CFO Frey
LA fire subrogation: The ~$8bn dollar question
Testudo launches AI-focused GL cover backed by Lloyd’s
Crawford names Mike Hoberman CEO of US operations
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