-
The company seeks the full 30% homeowners’ rate request it made last June. -
This publication reported earlier this year that the carrier is targeting a $250mn-$350mn raise.
-
A historic cat loss year remains a possibility as storm losses accumulate.
-
The agency forecasts up to five major hurricanes and 19 named storms.
-
Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
-
The sale process was first reported by this publication three months ago.
-
"Smoke damage is real damage," Commissioner Lara said.
-
The assumption date for the combined 16,250 policies is August 19.
-
Tornadoes have killed at least 32 people in three states.
-
He will lead AIG’s business across Latin America and the Caribbean.
-
Two wind and hail events were responsible for 60% of the total.
-
Proceeds will expand the company’s reinsurance protection in Florida and South Carolina.
