-
At the first Insurance Insider US Miami Forum, Floridian industry players pointed to signs of stability. -
More than 33,000 claims had been filed as of 5 February.
-
Rate falls across the property class and uncertainty around the US administration dominated conversations.
-
The losses do not change the near-term assessment of CinFin’s balance sheet strength.
-
The bill seeks prompt claims payments and settlements, and greater transparency.
-
The estimate covers property and vehicle claims.
-
His predecessor Peed remains with the firm as executive chairman.
-
The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
-
The supply chain in personal auto, and the impact on inflation are areas of concern.
-
Alexandra Furth has more than 20 years of claims and legal leadership experience.
-
Ultimate losses from the Palisades, Eaton and Hurst fires are estimated at $4bn.
-
A report from the reinsurance broker said fast rate approvals are key to stabilizing the California marketplace.
