-
Shares were down as much as 20% after Hippo posted a $48mn loss. -
The MGA market now makes up 10% of the overall P&C market.
-
The carrier said it is prepared to drop asset managers, lawyers, banks and brokers.
-
The market is also facing potential losses from injuries to NFL stars.
-
The insurer has not decided whether to sell its Eaton subrogation rights.
-
The program is designed to address a changing risk environment.
-
As the industry gathers in Chicago, Insurance Insider US reviews key discussion points.
-
The facility provides up to $100mn in claims-made excess casualty coverage.
-
The impact could also raise home-building costs by $10,000 per unit.
-
But automotive repair costs are likely to increase faster than home repair.
-
The LA wildfires, however, will be the firm’s largest event to date.
-
Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.
