Commercial E&S
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A quick roundup of this week’s biggest stories. -
Around 85% of companies mistakenly believe that their property insurance covers some, all or most types of flooding.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company targets specialty markets that it believes are underserved by larger insurers and focuses on niche business lines and fee-oriented services.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The ratings agency cited increased business due to declining capacity in commercial lines and some personal lines markets.
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The carrier is now working with Stonybrook Capital on a mix of equity and debt as it looks to expand its capital base beyond $100mn.
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California E&S premiums, however, fell 20% year over year for the month and declined 1% for the first 10 months of 2023.
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At least one carrier struck a note of caution during Q3 earnings about the ongoing rapid growth story in surplus lines.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The stock closed at $342.87 per share, down 19.56% from yesterday’s close of $426.22.
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Investors must weigh a differentiated investment strategy and true specialty opportunity against partial third-party investment control and historical losses.
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