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Attendees concurred that they don’t expect the “Golden Age of E&S” to end anytime soon.
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An unexpected shift east towards Tampa could push losses beyond $10bn.
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Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
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In Q2, median property price increases decelerated to 2.3%.
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Idaho and Minnesota far outpaced other reporting states in premium growth, stamping office data shows.
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Insurance Insider US chats with Kevin Doyle on the state of the E&S market during WSIA.
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The carrier’s initial casualty offering will be wholesale-only, the executive said.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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Coverage options will extend up to $5mn.
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No-fault state regulation and alleged fraud continue to plague the fraught market.
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Andrew Rowland will oversee the portfolio, offering up to $7mn per risk.
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The firm will specialize in professional liability insurance for SMEs.