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The company targets specialty markets that it believes are underserved by larger insurers and focuses on niche business lines and fee-oriented services.
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The Inside P&C news team runs you through the earnings results for the day.
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Following reforms enacted by the state, the insurer will seek to provide new insurance coverage options to property insurance policyholders.
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AJ Gallagher posts 10.5% Q3 organic growth, lower sequentially but up year-on-year
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Pricing, reserves and uneven catastrophe losses will be the theme this quarter.
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In a presentation before Florida lawmakers, Cerio noted recent success in Citizens’ efforts to move policyholders to private insurers and reduce risk exposure.
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The most important factors driving insured losses over the years include hurricanes, other weather-related events, inflation, and excess litigation.
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HCI subsidiary TypTap Insurance Company has received approval from Floir to assume up to 25,000 policies from Florida’s state-owned insurance company.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The first non-renewals are scheduled for May 2024 in what is expected to be an 18-month process.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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“They’re playing Moneyball,” Petrelli told attendees during the Inside P&C conference in New York, decrying the increasingly sophisticated ability of law firms to attract clients and parse effective litigation strategies.