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D&O direct written premiums fell 8% YoY as of June 30, and direct earned premiums declined 16%. -
Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
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The NFIP has a higher take-up rate in Tampa Bay, which experienced record coastal storm surge.
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More than one million Floridians are without power after the storm hit.
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Additional strengthening is expected before Helene makes landfall in Florida tonight.
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An unexpected shift east towards Tampa could push losses beyond $10bn.
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Bishop Street acquired Conifer Insurance earlier this month.
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Baudouin is transitioning to a chairman position in Mexico.
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Insurers are fighting to recoup claims they have paid out.
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Padilla has also held senior regional roles at Cooper Gay and Swiss Re.
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The executive played a role in founding Montpelier Re, Lancashire and Fidelis.
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TSR predicts Atlanta, Georgia, could face Cat 1 windspeeds as the storm moves further inland.
