-
The executive expects the Bermudian to start onboarding programs later in 2024 or early in 2025. -
It remains unclear whether there could be reputational damage after key shareholder CM Bermuda’s parent, CMIG International Holding, was taken into receivership.
-
The limit on the reinsurance Citizens will look to buy from the private markets will stretch to $14.35bn, up 2% on prior-year coverage.
-
November premiums were up for all three of the top E&S states, with Florida posting the largest percentage increase at 21.8% YoY.
-
The Senate Budget Committee, chaired by Democratic Senator Sheldon Whitehouse, is seeking information on plans to address increased underwriting losses from extreme weather events.
-
A quick roundup of this week’s biggest stories.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
Cedeño Camacho will expand his insurance carrier holdings to North America.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
The office also said it has approved the assumption of 650,399 policies from Florida Citizens so far this year, a more than 800% increase from the previous year.
-
The Floridian was approved for 75,000 policies, made 72,958 offers and assumed 53,750 policies – a 74% acceptance rate.
