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Burford’s CEO said Chubb is inappropriately using its corporate power. -
Politically related exposures are growing for the marine market.
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TSR previously predicted activity slightly below the 1995-2024 average.
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A historic cat loss year remains a possibility as storm losses accumulate.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Kirsh was involved in launching an industrywide “legal system abuse coalition”, which now has 350 participants.
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Two large storms hit the Midwest and Ohio Valley regions on May 14-17 and May 18-20.
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The two parties seek to delay a judge’s summary judgment order.
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Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
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"Smoke damage is real damage," Commissioner Lara said.
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Tornadoes have killed at least 32 people in three states.
