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The parties now have 60 days to file a stipulation to dismiss the action. -
The finance committee discussed shifting market dynamics as tort reform takes effect.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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The Floridian also anticipates $115mn to $125mn in net income for the quarter.
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Sources said the Floridian insurer has been working with Deutsche Bank on the listing preparations.
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The executive joins from RenaissanceRe.
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Chief risk officer Shannon Lucas will move to COO as part of the shakeup.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.
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The executive said inflation isn’t completely gone but is now “more understood”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Slide does expect a “meaningful” amount of takeouts for this month and next.
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