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HCI will now consist of two operating units – the other being its four underwriting entities.
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The CEO expects to see a larger shift between condos and apartments in 2026 and 2027.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The estimate is based on industry losses in the range of $35bn-$45bn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The state-backed carrier has $2.1bn of Alamo Re cat bond coverage.
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The firm projects losses from the fires at between $160mn-$190mn.
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Comments came as universal reported a 4.2 CoR jump to 107.9% in Q4.
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State Farm General has asked California regulators for an emergency rate increase.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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Big tort reform packages are on the table, but California steals the show, for now.
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The Insurance Insider US news team runs you through the earnings results for the day.