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An overview of Q1 earnings shows upsides, but also plenty of concerns going into the rest of 2024. -
Rina Visconti is joining the firm’s national casualty practice after 27 years at CRC.
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Farmers cited “positive changes” in the state's commercial insurance market.
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The executive succeeds Rick Miller, who passed away last month at age 62.
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The carrier’s goal for its specialty arm is to achieve $10bn in written premiums and a sub-90% CoR by 2030.
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Across three offerings, Victor increased coverage maximums by $33mn.
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Some see flat renewals this year, while others report deployment of larger lines.
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The firm will no longer have to compete with one hand tied behind its back.
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Only umbrella posted a higher rate increase, while workers’ comp continued to drop.
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Casualty is less of a concern, despite reserving issues.
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Mizell will be based in IMA’s Houston office, its fastest-growing regional division.
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The vehicle will give the legacy carrier a US platform.
