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A Delaware judge ruled that a “bump-up” exclusion was inapplicable. -
The change comes after an ownership restructuring.
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Rate increases are less severe and renewals are flat in some segments.
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Federal court securities class actions hit a four-year high last year.
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Trends leading into 2025 may indicate workers’ comp releases have peaked.
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The executive has also worked for AIG and Ace.
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Supply generally exceeded demand and trading relationships were strong, CEO Tom Wakefield said.
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In property, Canada, Central and Eastern Europe and UAE renewals were impacted by losses.
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California’s crisis spurred the biggest reforms in decades.
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The new, publicly listed specialty program group will be led by Luke Ledbetter.
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A look back at the stories that defined the year in P&C for 2024.
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The program was developed in collaboration with Allianz Commercial.
