The insurance industry has long been marked by strategic moves and significant milestones. One such event is Monarch E&S Insurance Services’ acquisition of Professional Insurance Executives, Inc. (PIE). This article delves into the nuances and implications of this critical business decision,
The September 16, 2024 issue of Insurance Journal Magazine provides an in-depth look into pressing topics within the property/casualty insurance and excess & surplus (E&S) lines sectors, offering critical insights into evolving industry dynamics, regulatory challenges, and emerging risks. As the
The recent legal battle between Cypress Creek Equine and North American Specialty Insurance (NAS) over the denied insurance claim following the death of WinStar stallion Laoban has culminated in a significant court ruling. Laoban, a promising stallion, died unexpectedly in May 2021 after receiving
Core Specialty Insurance recently achieved a significant milestone by securing an upgrade in the Financial Strength Ratings of its property and casualty subsidiaries from AM Best, moving from an A- to an A (Excellent) rating. This recognition comes with a Financial Size Category of XIII,
Palomar Holdings (Nasdaq: PLMR) has posted an impressive financial performance in the second quarter of 2024, showcasing remarkable growth metrics. In tandem with financial success, the company has also announced a strategic acquisition, positioning itself for future expansion. Financial Triumph:
In a significant milestone for Millennial Specialty Insurance, LLC (MSI), the independent managing general agency successfully surpassed $1 billion in in-force written premiums during the second quarter of 2024. This extraordinary achievement underscores MSI's commitment to excellence, highlighting
