-
The ratings agency said premium rate increases for specialty lines would be most pronounced in political risk, terrorism and political violence lines because of heightened geopolitical tensions.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
The broker said it anticipated new entrants in the downstream class following a profitable 2023.
-
The office also said it has approved the assumption of 650,399 policies from Florida Citizens so far this year, a more than 800% increase from the previous year.
-
Chief of IRS Criminal Investigation said Tysers had "eroded the process of fair and open competition".
-
James River’s potential sale could be an opportunity for an investor looking to tap the E&S market, but reserving noise means making a deal might not be easy.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
The offering sold 3.6mn shares priced at $30.50 apiece and brought in approximately $104.9mn.
-
The bill removes a previous Farm Bill requirement mandating that carriers purchase unlimited catastrophic reinsurance. Instead, companies can purchase “adequate” catastrophic reinsurance.
-
The Floridian was approved for 75,000 policies, made 72,958 offers and assumed 53,750 policies – a 74% acceptance rate.
-
Amynta Ease-of-Business president Arthur Seifert said he expects MGAs to move away from the popular Dutch auction process and instead find one party that’s a good fit.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.