Insurers
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Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale. -
Slide lined up Morgan Stanley, Barclays and JP Morgan as lead bookrunners.
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Berkshire Hathaway’s "float" rose to $171bn in 2024 from $169bn in 2023 as Buffett praised Geico’s Todd Combs.
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The investment firm’s holdings were down to $59mn at the end of Q4.
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January CPI/PPI heats up but won’t translate to higher loss costs.
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Insurers have paid $6.9bn in Southern California wildfire claims in the first four weeks of recovery.
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Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
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The insurance commissioner said the carrier has not shown the need for price increases.
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The group should also tilt capital allocation away from M&A and deepen its disclosure.
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The losses do not change the near-term assessment of CinFin’s balance sheet strength.
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Alexandra Furth has more than 20 years of claims and legal leadership experience.
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Its post-tax estimate of $1.3bn is net of reinsurance recoveries.
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