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The BRIC program helped fund local resiliency programs, which can reduce loss costs.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive has been with the firm for 20 years.
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Hill will replace Frank Sapio in the role.
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California wildfires had ‘little or no impact’ on property cat pricing at April 1, Dean Klisura said.
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Industry bellwether results and commentary don't indicate a crisis, despite uncertainty.
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He will replace Scott Lee, who is retiring after 40 years in claims.
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A one-time impact would be a mid-single digit increase to physical injury auto severity.
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The program will provide excess casualty coverage across a broad range of industries.
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NY-based PE firm BBH Capital has exited its minority investment following the recap.
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Meco's 2024 gross written premiums totaled $63mn.
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The business insurance segment booked a CoR of 96.2%, up 2.9 points YoY.