American Coastal
-
The violations included not using propertly appointed adjusters and failing to pay claims.
-
Floir has greenlit at least 14 new companies for operation in Florida in the last few years, contributing to the competition.
-
Rates continue to fall across the state but are firmer in the southeast region.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The total cost excluding a 15% quota share was $201.85mn, with rates down 12.2% from last year.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
In February, the company announced it received regulatory approval for the deal.
-
The CEO expects to see a larger shift between condos and apartments in 2026 and 2027.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
His predecessor Peed remains with the firm as executive chairman.
-
The new agreement provides $40mn of aggregate limit excess of zero.
-
The Floridian also announced the completion of its first-ever takeout from Florida Citizens.
Related
-
American Coastal gains 22% following preliminary cat loss disclosure
October 24, 2024 -
AmCoastal estimates Milton cat losses at $16.2mn
October 23, 2024 -
Floridian insurer stocks rally after Milton makes landfall
October 10, 2024