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The ratings agency expects the residential real estate market to remain strong during 2021.
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The carrier anticipates a combined ratio of between 122% and 125% for the quarter.
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The CEO said pricing was going up by 10%-30% and that terms were being tightened globally.
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The note is included as an exhibit in a recent BI claim filed against the carrier.
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The carrier’s CEO says the pace of new lawsuits against the carrier is now largely in line with its peers.
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The carrier trims its assessment of the impact of Covid-19 from the nine-month mark.
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APCIA, Namic and the NIC say the proposed law is likely unconstitutional.
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The mean value rose to $44mn over the period, up from $28mn in 2019.
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The draft law is sponsored by six senators from the Democratic Party.
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Climate change risk is not yet being properly reflected in pricing, the company chief warned.
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Property insurance rates are rising by high single digits to 15% on clean accounts.
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The twister brought 135 mph winds to Jefferson County late on Monday.