M&A deals outperform, breaking seven-quarter losing streak – WTW

True-Course provides insurance services to aviation-related clients, including aircraft manufacturers, flight schools, and corporate aviation operators. As part of the acquisition, owner Alejandro Galioto will remain with the business and lead the development of Relation’s aviation practice. Source link

On April 24, 2025, the Alabama Legislature formally adopted House Joint Resolution 220 (HJR220), emphasizing the critical need to address the growing instability and affordability challenges in commercial property insurance along Alabama’s coastal regions. Initially introduced on April 8, 2025, the resolution acknowledges the significant economic impact of coastal areas, including over $10 billion annually…

The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” Source link

Simon Delchar, global head of placement at Willis, added that the expansion reflects growing collaboration within the London cyber market. “CyXS Plus and CyXS Company bring the number of insurers supporting CyXS to 25, showing fantastic commitment from the London cyber market to deliver better outcomes for our clients around the globe,” he said. Source…

A key part of the underwriting process—and a major factor in determining property eligibility and pricing—is a community’s ISO Public Protection Class (PPC). The PPC program, developed by ISO, evaluates a community’s fire protection capabilities, including emergency communications, fire department readiness, water supply, and community risk reduction efforts. Source link

Lockton Professional and Executive Risk will provide insurance broking, risk advisory, and claims support across various industries. Key areas of expertise include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and insurance solutions for digital assets. Source link