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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The executive joined Citizens as general counsel in June 2021.
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This was the highest single-year increase for the US index since 2006.
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The act would have increased the number of “close family members” that could have sought compensation in wrongful death cases.
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The expected results are a result of the unusually low levels of insolvency and subsequent claims frequency.
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Cyber rates in excess layers saw decreases of mid-single digits to low double digits in the last quarter while primary layers remained flat or experienced low rate rises.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Backed by Coalition’s platform, CIC will begin quoting its admitted cyber products in some states starting March, with a national roll-out expected throughout 2023.
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The executive joins the firm after stints at Markel, Chas. Lunsford Sons & Associates, and Colony Insurance.
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Established players are walking away from writing IPO, SPAC and de-SPAC accounts as increased capacity and falling demand in the sub-class causes rates to crater.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
