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The suit seeks compensatory and punitive damages from 180 defendants. -
Fronting growth fell by half in 2024 due to uncertain loss climate and high cost of capital.
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A quick roundup of our best journalism for the week.
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The MGA secured backing from buyout heavyweight KKR in March 2021.
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Newcomers enter on the belief that they have a “better mousetrap”, said Donato Monaco.
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Sources said that the underwriter has been working with Houlihan Lokey to find a potential backer.
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Initial expectations for the later storm prove overblown, while inland auto losses mount for the earlier event.
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Excess casualty rates were up 10% and have been double-digit all year, the executive said.
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Andrade flagged expected 5% to 10% increases in the US and Europe.
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Worrisome trends in the line may be warning signs of worse to come.
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It’s time regulators take decisive action regarding the company and regulation, sources say.
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The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
