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When it comes to unlocking long-term value in insurance carrier mergers and acquisitions, it was not the largest transactions or the smallest that performed the best, ACORD reported. Rather, "just right" deals that fell in the middle of the pack — averaging about $1.4 billion — returned the most value.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]