-
Fully placed, this would equate to $275mn on the per-occurrence tower and $675mn on agg. -
Howard and Moore were among a group to receive letters over links to prior insurance insolvencies.
-
The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
-
Sources said Morgan Stanley has been drafted in to run the auction later this year.
-
In operation since 1991, Pearl represents Ocean Harbor and Equity insurance companies.
-
The suit seeks to block insurers from passing through assessment costs.
-
A quick roundup of today’s need-to-know news, including Travelers, Markel, Synex and more.
-
He will replace Scott Lee, who is retiring after 40 years in claims.
-
The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
-
A one-time impact would be a mid-single digit increase to physical injury auto severity.
-
The insurer achieved an 86.4% acceptance rate of the policies selected.
-
The program will provide excess casualty coverage across a broad range of industries.
