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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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Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Lawmakers are taking action to attract more property insurers into the state.
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The downgrades were linked to a reduction in CEA’s claims-paying capacity to 1-in-360 years, from 1-in-400 years, and reinsurance market challenges.
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Increased interest rates and unfavorable market conditions led to reduction in capital issuance activity in the P&C insurance industry in 2022.
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Applied Underwriters attributed the rating to the “slow resolution” of its conflict with the California Department of Insurance (CDI), which has been ongoing for more than three years.
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Receivership has been historically lower in the past 20 years, but trouble in Florida breaks away from the overall P&C industry trend.
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Inside P&C’s news team runs you through the key highlights of the week.
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InsurTechs use of “me-too” filings and competitor rates have us wondering, where is the innovation?