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The company’s reinsurance business also has some exposure, the executive said. -
The MGA and 49% owner SiriusPoint could bring in a new investor.
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The carrier strengthened its GL reserves by $130mn in Q4.
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Included are tweaks to state premises liability law and reforms to trial procedure.
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The move will expand Nationwide’s stop loss insurance sales to SMEs.
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The Insurance Insider US news team runs you through the earnings results for the day.
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NCCI’s WCWMI posted 2.3% growth last year, below 2023’s 2.9%.
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The company’s combined ratio rose 6.5 points from 2023.
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Claims related to California wildfires are "fairly insubstantial" to date, executives said.
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Guy Carp CEO Dean Klisura said LA wildfires could slow rate reductions at 1 April.
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Andy Houston will be based in London, reporting to Mark Roberts, division president UKISA.
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The Insurance Insider US news team runs you through the earnings results for the day.
