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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The stock was down $5.91 early trading hours from its close of $32.22 on Monday.
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Pressure on the Californian insurer’s stock mounted this morning after it reported a Q2 11.7-point deterioration in its combined ratio to 106.6% yesterday.
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The shares are trading today at $98.56 per share, down 13.13% from yesterday's close.
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The downward trend of securities class actions against public companies is expected to continue in 2022, with the annual filings projected to drop by 7% this year, Woodruff Sawyer said.
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The executive discussed InsurTech challenges, his priorities for Branch, fundraising, and his concerns about the capital markets.
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Inside P&C’s news team runs you through the key highlights of the week.
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Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
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Inside P&C’s news team runs you through the key developments from the past week.
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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 past few weeks bring back bad memories of 2008, but many factors that triggered that crisis seem not to be in play this time around
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Following the announcement of the delay, Metromile shares rose over 9% earlier this morning to just under $0.90 per stock.
