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Richard Mangion spent almost two years as CFO at Bridgehaven. -
The Floridian insurer anticipates that it will remain profitable in Q3 and Q4 despite hurricane activity.
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Sources said that Milton may slow the pace of rate deceleration.
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The firm still expects to deliver positive net income for Q3 2024.
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The Floridian insurer has $80mn in surplus, with retention sitting at less than 10%.
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In an interview with this publication, Lara said "everything’s on the table" for future reforms.
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Previously, Thomas Long was an AVP for construction at Arch.
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Axa XL Re has hired former Swiss Re executive Greg Schiffer as its North America CEO, effective from 11 November.
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The company said $13bn-$22bn will come from wind damage.
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Organic growth fell by 1 point quarter on quarter and was down by 5 points from Q3 2023.
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Hurricane Helene was blamed for $92mn of those losses.
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A bill in Congress would expand a similar pilot tried earlier in New York City.
