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Sources expect loss amplification in claims from Georgia, the Carolinas and Tennessee.
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Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
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Insurers are fighting to recoup claims they have paid out.
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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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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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State regulators have been monitoring climate risk for over a decade.
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Floir approved nearly 650,000 policies for takeout from Citizens for October and November.
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Moody’s also predicts losses to the NFIP at less than $200mn.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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The deal marks Sentry’s largest transaction in its 120-year history.
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The lawsuit alleges the data is being used by insurers to increase premiums.