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As CFO, Meier will oversee Assurant’s global finance and technology organizations and continue to report to Assurant president and CEO Keith Demmings.
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Slowing loss cost trends may signal relief ahead, but only if carriers remain vigilant on rate action until we are past the peak.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Everest is targeting a combined ratio of 89%-91% for 2024-2026, compared to the 91%-93% target range from its previous investor day event in 2021.
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The executive will be responsible for formulating and implementing the healthcare liability segment’s strategy and approach to underwriting.
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The executive has over three decades of surety experience in underwriting, consulting, and claims roles, including a stint as surety claims counsel.
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Aon-owned Mexican cat modeler ERN estimated Otis insured wind losses, excluding auto and infrastructure, at $1.2bn-$1.8bn.
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Around 85% of companies mistakenly believe that their property insurance covers some, all or most types of flooding.
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The E&S personal lines insurer also named Malcolm Tsung as commercial lines product management VP and Scott Crozier for a similar role in the personal lines division.
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This month marks a reversal in the pace of inflation for the segment, after auto insurance prices moderated to 18.9% in September from 19.1% in August.
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A-Star offers up to $80mn in additional capacity for D&O liability insurance.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.