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A 20% increase in FHCF retention levels sent cedants to the private market. -
The collective CoR of 45 Floridians hit 93.1% in 2024
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Rate cuts are slowing as insurers agonize over claims trends, but capacity is high.
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Bredahl has been appointed CEO and Bonneau as chairman.
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Acrisure recently raised $2.1bn from investors in its latest step towards an IPO.
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The changes are aimed at improving underwriting and operational performance.
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Starr and Axon also are among those on the Marsh USA-placed $40mn line.
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The deal leaves premier surety as Travelers' sole Canadian portfolio.
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The Peak Re subsidiary mainly writes US motor and casualty reinsurance.
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The once niche product is generating interest in a growing number of industries and sectors.
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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.
