-
A bill in Congress would expand a similar pilot tried earlier in New York City.
-
HCI is estimated to incur a net expense of $125mn for Milton in Q4 2024.
-
The carrier will only continue to offer lead capacity to some existing accounts.
-
Current rates at 2% to 2.5% translate to an 86% incurred loss ratio.
-
A quick roundup of today’s need-to-know news, including nat cat loss estimates, HCI and R&W rates.
-
The agreement will bolster Asic’s surplus and expand underwriting capacity.
-
Milton and Helene will join reserve trends, cat losses and organic growth as Q3’s key topics.
-
Most of the insured loss was attributable to wind.
-
The above-average tally was driven by a high frequency of mid-sized events.
-
Deal flow is still far below levels seen in 2021.
-
The chief executive will also receive a yearly bonus of 200% of base salary.
-
A quick roundup of today’s need-to-know news, including Milton losses, QBE and Progressive.