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But automotive repair costs are likely to increase faster than home repair. -
The LA fires and spring storms drove CinFin's CoR up 19.7 points to 113.3%.
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The LA wildfires, however, will be the firm’s largest event to date.
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The executive was most recently at Oliver Wyman after joining from AIG last year.
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The initial offering will include 6,875,000 shares of common stock.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Floridian is expecting to have around 40,000 policies in force by year-end.
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The Lone Star State has seen rapidly increasing rates in recent years.
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MGA growth is still strong but has passed its 2022 peak.
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A first-of-its-kind resolution adopted this week says subrogation can reduce insurance costs.
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Renewal rates were favorable compared to what could have happened after several hurricanes.
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The Hartford’s Q1 CoR increased 4.1 points to 96.9% driven by cat losses.
