E&S/Specialty

MarketScout says insurance premium rates are in their third month of moderation, indicating that a pricing “correction” is finally going on as some lines of business are showing price increases.

Private-equity firms are still interested in acquiring specialty wholesalers and managing general underwriters, but they are up against some aggressive competitors offering higher deal prices—like 6- to 8-times EBITDA, consultants say.

Private-equity firms are still interested in acquiring specialty wholesalers and managing general underwriters, but they are up against some aggressive competitors offering higher deal prices—like 6- to 8-times EBITDA, consultants say.

The specialty lines insurance industry has been a hotbed of merger-and-acquisition activity over the past year, with deals for niche specialty brokers and managing general agents getting the most attention. PropertyCasualty360 takes a look back at some of the observations dealmakers and consultants have shared this year about the abundance...

Specialty insurance company Argo Group International Holdings Ltd. said Thursday that its net income fell in the second quarter as catastrophe losses rose.

State insurance regulators and legislators will discuss later this month possible ways of harmonizing rival compacts designed to implement a surplus lines premium tax-sharing mechanism to implement a recent federal reform law.