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Floir approved nearly 650,000 policies for takeout from Citizens for October and November.
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US liability was a hot topic at the European conference.
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Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
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With the disposal, TIH would amass a robust war chest for a looming MGA consolidation arms race.
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“Consoloonan” are set to return to the public markets over a decade after their last conference call.
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While the alleged fraud is shocking, could it suggest the industry is under-investing in claims?
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House Bill 672 adds regulation to the Louisiana MGA market.
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The wholesaler is shifting its business mix towards delegated underwriting, which should help sustain growth.
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Conditions are coalescing for an uptick in carrier M&A after many subdued years.
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The Longtail Re deal buys the specialty insurer time to secure its future, or an exit for shareholders.
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“Hammer letters” are going around, and insurers are struggling to coordinate on claims handling.
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The play would shrink the check size required, improve alignment, and buy time to prepare for a future IPO or sale.