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A quick roundup of today’s need-to-know news, including Hurricane Ernesto, Rokstone, Redline and Farmers. -
The consortium backing the MGA is led by Axa XL Syndicate 2003.
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Severe convective storms, wildfires and hurricanes increasingly moving inland are top concerns for the industry.
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The regulations have been officially published online, with a hearing to be held next month.
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Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
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Lawsuit claims GM unlawfully sold data to insurers collected from 1.5m drivers.
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The executive joined Chubb in 2013 as assistant VP and regional manager.
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Moody’s also predicts losses to the NFIP at less than $300mn.
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The executive brings more than 30 years of industry experience to the role.
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A quick roundup of today’s need-to-know news, including Tradesman’s Rico suit, US CPI, and wildfire risk.
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The downstream market is also starting to soften after a “massive influx” of premium income.
