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First event tower for the Northeast exhausts at $1.1bn, at $1.3bn for Southeast and $750mn in Hawaii.
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Prices for programs that renewed in both Q1 2023 and Q1 2024 decreased 15%.
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The discussions come as the region has seen increased M&A activity in recent years.
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Overall economic losses hit $45bn in the first quarter of 2024.
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Heron has over 25 years of brokerage experience, mostly in real estate roles.
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The executive is replacing Chad Cundliffe, who is retiring from the company.
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In his new position, deLaricheliere will report to WTW head of FIPS Brad Messinger.
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She most recently served as USAA’s automobile and international product line leader.
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The executive brings more than three decades of experience to the role.
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The market has advanced in sophistication but must tackle talent, tax and diversification issues.
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The 100% equity award will vest in full after five years.
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The Insurance Insider US news team runs you through the past week’s key M&A deals.
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