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The company said Helene claims have surpassed those of Hurricane Ian. -
It is understood that the TPA is working with Waller Helms on the process.
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The partnership is Fidelis Insurance Group’s first third-party capacity deal.
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Liberty GTS saw a 21% YoY decrease in R&W notifications across all its regions in 2023.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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Q3 expansion was fueled by 9.9% of personal lines organic growth.
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The renewal book has auto, home, renters and condo policies, among others.
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Ceding commissions remain elevated but primary rates are improving reinsurer margins.
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The carrier’s shares declined over 17% this morning following Q3 earnings and strategic actions.
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The expectation – and strong hope – is that deregulation will spur growth and bring benefits to the D&O line.
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James River also amended the convertible preferred equity held by Gallatin Point and closed its strategic review.
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A total of $2.1bn in Fema money has been approved for the state.
