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Los Angeles wildfires and SCS pushed US losses to $89bn. -
Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
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The proposal says oil companies cause climate change and, thus, increased cat losses.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The policy includes a $200mn limit with an additional $100mn for side A coverage.
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MGAs going public is now a viable option, but dominating a market comes first.
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The highest portion of losses was experienced in Alberta.
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Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
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The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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The MGA said payments to affected customers began shortly after the event.
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A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
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A jury awarded $32.3mn for repair costs, and $80mn for business interruption.
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Light cat losses at year-end portend capital deployment and return decisions in 2026.
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The city said it was self-insured at the time of the attack.
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The peril has been historically difficult to model compared to others.
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Sizable reserve releases offsetting casualty reserve charges cannot last forever.
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Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
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Despite a softening market, underwriters were still able to attain up to 10% above technical pricing.
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With property getting more competitive, FM pursued an opportunity for growth in E&S with Velocity.
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Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.
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The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
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