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The operations are making moves to help protect the business as an ongoing concern.
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Candidates for the fast-track route must meet defined success criteria or face being put into run-off by Lloyd’s, according to a working framework seen by this publication.
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The lawsuit against carriers including Chubb, Allianz and Markel follows the passage of NY’s Child Victims Act.
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It’s unclear if lawyers will continue to exploit loopholes in the new AOB reform, the rating agency says in its Florida market report.
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FedNat has increased its level of aggregate protection in advance of its acquisition of 1347 PIH.
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The latest disciplinary action comes amid heightened regulatory scrutiny of executives’ behaviour.
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The board approved a 2.3 percent increase for homeowners’ multiperil cover.
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The state’s insurance business transfer legislation adds another mechanism for run-off sellers to gain legal finality on their legacy business
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Congresswoman Maxine Waters has proposed the new law to end lapses in National Flood Insurance Program coverage.
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Two executives are reported to have resigned following allegations of inappropriate behaviour at a party and of stalking.
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US bank will pay customers $385mn to settle case.
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US lawmakers have pushed back the deadline for the flood insurance programme’s expiration to 14 June.