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Despite reserving actions, there are no signs of reinsurance capacity shortages in the market. -
The executive joined the firm in January from Nationwide.
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The new suite of coverages is designed to meet the unique needs of healthcare organizations.
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The MGA’s underwriting capacity for casualty programs now totals $17mn.
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But auto insurance is still a ‘hot-button’ item for carriers.
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It is backed by paper from MS Transverse, this publication understands.
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The average 2023 premium renewal rate change for commercial property was significantly higher than 2022 across all months.
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A quick roundup of this week’s biggest stories.
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Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
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“Unfortunately, it's a situation of getting rate to fund [the litigation costs] and being able to stay in the market long term,” Taylor told Insurance Insider US in an interview.
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The new financing builds on the $148mn raised to date and follows recent belt-tightening measures that included layoffs.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
