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A quick roundup of today’s need-to-know news, including AIG, AmFam, Sentry and the NAIC.
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Bruce joined the Aon primary casualty team in Atlanta in 2016.
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The new unit is part of HDI’s expansion of its specialty product offerings.
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Sentry announced its $1.7bn acquisition of The General last week.
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Zywave is backed by Clearlake Capital Group and Aurora Capital Partners.
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Nick Abraham will succeed Nathan Mathis as CEO of the firm's London-based specialty distributor.
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Floir approved nearly 650,000 policies for takeout from Citizens for October and November.
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The 17.4% DWP growth, however, was a deceleration from 2021’s 25% peak.
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PVT business has been attracting new capacity after recent rate increases.
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SMEs represented 98% of cyber claims from 2019-2023 totaling $1.9bn.
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The effort will draw from California’s research and higher education communities.
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Moody’s also predicts losses to the NFIP at less than $200mn.