-
The complaints are the first effort to crack down on existing suspicions.
-
Private broker Q2 Ebitda margins contracted to 26.8% from 29% in Q1 and 27.1% a year ago, according to the survey.
-
Manufacturing now accounts for 41.7% of all claims, from 15.2% previously.
-
It had planned to non-renew 47,000 DP-3 and 53,000 high-risk homeowners’ policies this year.
-
The carrier has made several recent high-level promotions.
-
Reforms would seek to tamp down legal costs that can drive insurance costs up.
-
The CEO said there’s only one public pure wholesale broker, Ryan Specialty, and its IPO was in “favorable conditions”.
-
The July downtime will increase relevance, demand and innovation for the market.
-
Britt Sellers joins as head of brokerage casualty and Tyler Turk as director, primary casualty.
-
The legacy firm said the deal would strengthen its Bermuda operations.
-
Rand said the company remains “very bullish on the long-term value that NORCAL brings.”
-
Palomar acquired FIA for 1.7x closing book value to enter the surety market.