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The BRIC program helped fund local resiliency programs, which can reduce loss costs. -
The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.
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Howard and Moore were among a group to receive letters over links to prior insurance insolvencies.
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In operation since 1991, Pearl represents Ocean Harbor and Equity insurance companies.
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The suit seeks to block insurers from passing through assessment costs.
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The insurer achieved an 86.4% acceptance rate of the policies selected.
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The release followed the filing of an updated Plan of Operation.
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The Floridian company applied to be traded on the NYSE.
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Economic unease will join cat losses, renewals, and organic growth as Q1’s key topics.
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The suit alleges a “deliberate scheme” to deny smoke damage claims.
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The broker adds a new EVP and new president to its benefits practice.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
