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Rising inflation could raise claims severity but also increase investment income.
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The industry veteran has been in personal lines HNW for more than four decades.
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The Floridian has been approved to potentially assume 81,000 policies total.
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The class can collectively challenge State Farm’s property claims calculations.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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The suit claims billions of dollars are being illegally withheld.
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Rate gains are easing across many commercial and personal lines.
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The executive had been Stone Point’s representative on Higginbotham’s board.
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Top companies eliminated or heavily modified language related to DEI this year, analysis shows.
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The US accounted for 92% of all global insured losses for the period.
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June’s increase was up from May’s 0.2%.
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State legislation has led to major strides in rate adequacy.