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Net property losses from Hurricane Milton in October reached $153.6mn. -
The California fire was 91% contained as of Friday.
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The regulation is a key component of Lara’s effort to stabilize the state’s sputtering property market.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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Moyles will serve as co-president alongside Tom O’Neil.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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The report aims to plug the gap in insurance-specific guidance.
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The executive will build out Hamilton Americas property team and a book targeting commercial E&S risks.
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The year-to-date CoR was down 9.5 points to 102.8% compared to 2023.
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Lee succeeds Neill Currie, who will become an independent director.
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The company said Helene claims have surpassed those of Hurricane Ian.
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It is understood that the TPA is working with Waller Helms on the process.
