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State Farm General has asked California regulators for an emergency rate increase. -
Technology is key to streamlining the value chain and mitigating loss ratios.
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In the absence of interim action, the segment could face an “availability crisis”.
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Big tort reform packages are on the table, but California steals the show, for now.
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The US sports disability market has been dubbed the “problem child” due to its volatility.
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The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Profitability over growth continues to be the company’s “mantra”.
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Sources noted that Dowling Hales is advising the MGA.
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The division is seeking to place underwriters in regions across the US.
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WKFC’s chief executive D’Onofrio will become RSUM’s global CUO.
