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The P&C sector saw the most activity during Q1 2024 with a total of 106 deals, according to Optis Partners.

Healthy Paws launched in 2009 and currently covers more than half a million dogs and cats in the U.S.

Insurers now issue stricter policy language and insert more sub-limits and exclusions into cyber coverage.

Outdated equipment and open networks make operational technologies at industrial complexes susceptible to cyberattacks.

Despite some challenging years, cyber insurance is the fastest growing P&C segment, the Triple-I reports.

The proposed guidelines reflect the larger trend of increased antitrust scrutiny under the Biden Administration.

Specialty insurers loom large on the list, driven by capacity demands for property coverage.

The deal is expected to close later this year, according to Marsh.