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The Peak Re subsidiary mainly writes US motor and casualty reinsurance. -
One measure could give regulators greater leeway to deny rate requests.
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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The company seeks the full 30% homeowners’ rate request it made last June.
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Kirsh was involved in launching an industrywide “legal system abuse coalition”, which now has 350 participants.
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"Smoke damage is real damage," Commissioner Lara said.
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The assumption date for the combined 16,250 policies is August 19.
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Unpacking how much excess capital there really is and dissecting the source of its returns.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
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State Farm will need to provide its CA subsidiary with a $400mn surplus note.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The reforms limit liability for some small businesses in the state.
