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Inside P&C’s news team runs you through the key highlights of the week. -
Competing forces of loss cost inflation and mixed rate action yield uneven trajectories for the largest commercial lines.
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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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The shareholders are among the company’s top 10 largest and hold nearly 2.5% of outstanding shares.
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Investors include IA Capital Group, Blue Bear Capital, Gallatin Point Capital, and Avanta Ventures, among others
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Based in New York, the executive will report to Axa XL CUO Libby Benet.
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The consortium is supported by 11 other Lloyd’s businesses.
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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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The additional funding brings Kin’s series D total to $142mn, and its overall equity funding total to $265mn.
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The migration is due to admitted carriers not being able to get the rate filings approved in a lot of the states – an issue that is extending beyond California and Florida, to the east coast.
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This is the second month motor vehicle insurance prices have risen, following a 17.8% hike in July and a 16.9% increase in June.
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However, data also shows that the pace of growth overall in the E&S market has slowed in recent years in terms of premium and number of transactions.
