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Classic car specialist Hagerty builds out its portfolio with the addition of the circa $16mn Kemper book.
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Casualty rides coat tails of advances in US primary lines, while cat shows uneven improvement. -
State Farm and Farmers Insurance have the largest aggregate market share in the state across personal lines, auto and commercial insurance.
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Texas-based Aspen MGA has brought on board Melody Johnson as director of underwriting.
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The Santa Monica start-up has raised $23.1mn to date.
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Kirt Walker will take the position at the US insurance giant starting 1 October.
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The insurer will take full ownership of the general insurance units of LV= and Legal & General to become the second-largest general insurer in the UK.
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The insurer expects to complete its Florida placement later this quarter.
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Sanders II ILS structure offers additional $300mn of aggregate limit available to Allstate
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Richard Porter will assume the role of head of financial lines after serving as general counsel for Chubb Bermuda.
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More than a third of the funding comes from two new German media investors.
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Penny James, whose previous roles include a CFO position at Omega, will replace Paul Geddes in May.
