MERGERS AND ACQUISITIONS
May 25, 2022 11:51 AM (EDT)
Randall & Quilter Investment Holdings Ltd. said Brickell PC Insurance Holdings LLC notified the company it was in breach of a £482 million ($605 million) cash acquisition deal and they planned to terminate it.
RATES
May 20, 2022 01:34 PM (EDT)
Florida homeowners insurance rates are rising more steeply and more quickly as years of underwriting losses weigh heavily on carriers battling the nation’s highest number of litigated claims, inflation and escalating reinsurance.
PRESS RELEASE
May 18, 2022 12:26 PM (EDT)
U.S. health insurance companies’ focus on finding innovative ways to manage the cost of health care better while improving member health and enhancing engagement continues to drive the growth of vertical integration strategies.
FLORIDA
May 24, 2022 04:16 PM (EDT)
The Florida Senate approved on a 30-9 vote the wide-ranging property insurance reform bill May 24 as the clock continued to tick toward the May 27 deadline for the special session called to address the crisis.
May 24, 2022 08:31 AM (EDT)
U.S. insurance companies’ private equity investments grew in 2021 by 25.8% to $117.4 billion, from $93.3 billion in 2020 —the biggest year-over-year increase in recent years, according to a new AM Best report.
May 20, 2022 11:39 AM (EDT)
Escalating losses are continuing to cause uncertainty in the Florida market and a special legislative session may not provide what’s needed to fix it, AM Best analysts and industry experts said at an analytical briefing.
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