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The agency collects gold standard data and conducts research. Without that, there’s more uncertainty.
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Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
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A quick roundup of our best journalism for the week.
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Shareholders say the stock has declined around 59% in the past year while book value has dropped ~30%.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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The Democratic senator said increased federal oversight of insurance is not the answer.
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CEO Greenberg cited ‘competing priorities’ in his annual letter to shareholders.
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The MGA recently secured capacity to write HNW homes in California.
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Auto and homeowners’ insurance will see effects from the tariffs.
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The company is seeking to expand in the reinsurance and retrocession markets.
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The carrier was seeking to expand its March 1-renewing program.
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He also joined Everest’s board last week as an independent director.