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Expense ratios modestly increase for commercial but continue to decline for personal lines.
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The CEO is one of more than 20 executives who received letters from Floir citing Statute 624.4073.
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The partnership will increase K2's capacity for US hurricane and earthquake exposure.
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US SCS insured losses YTD already stood at around $12bn prior to these events.
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Approximately 1.2 million units are vacant throughout the state.
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Industry results look good despite recent GDP/CPI numbers, but there is still cause for concern.
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Flash floods moved into Texas overnight and into the lower Mississippi Valley Monday.
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The carrier is also targeting E&S growth in property brokerage and global specialty.
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Concern about vague cat modeling language was a theme at a Tuesday workshop.
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Commercial lines will remain bifurcated, with strong growth in property and weak growth in liability.
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Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
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Corrective actions revealed by Travelers in the first-quarter earnings could set the stage for similar moves from peers