North America
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Insight into the state of the insurance M&A market, powered by this publication's deal database.
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Sources see Aspen as the right fit for Sompo, with Apollo getting a full cash exit.
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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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Sources said that the NY-based TL underwriter has retained Piper Sandler to run the process.
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The lawsuit has been filed as sales talks with Sompo yielded a deal.
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Last year marked the second consecutive year in which carriers made a positive return.
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Submission volume is up 10%-20%, according to sources.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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The group claims the White House is undermining disaster preparedness.
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Parrish, now Howden US CEO, and his colleagues said they didn’t violate contracts.
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Assurex’s global independent broker network pumps $4bn of premium into the London market.
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