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The company said it now expects the transaction to close in H2 2025. -
Insurers and distributors must adapt or risk irrelevance.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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RAA president Frank Nutter says he hasn’t been able to get an update on the project from the now Trump-led NOAA.
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Florida House speaker Daniel Perez is seeking an investigation into the charge.
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The company is seeking an emergency rate increase after the devastating Los Angeles wildfires.
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The first round of the E&S boom has already played out, but this is a long game.
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State Farm General has asked California regulators for an emergency rate increase.
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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 carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
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The proposed reforms are championed by Governor Brian Kemp.
