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Teresa Black will succeed him as division president of North American surety.
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A shift to back to the admitted property space and MGAs choosing ignorance are other possible scenarios.
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Both organisations still predict an above-average hurricane season.
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She joins the specialty insurer after working at Hamilton as CUO.
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The former executive passed away following a 40-year career in insurance.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive said the floor on D&O pricing is in sight.
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As the fires spread, the priority shifted from saving structures to saving lives.
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Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.
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Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The program is set to begin binding this month.