High net worth
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The changes will take place “over the next few years” and will also include migrating all personal lines business into a single operating model and platform.
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The national program will insure homes with a replacement value up to $10mn, and deductibles will range from $10,000 to $1mn. Properties in cat-exposed locations will be eligible for coverage.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The migration is due to admitted carriers not being able to get the rate filings approved in a lot of the states – an issue that is extending beyond California and Florida, to the east coast.
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The executive has worked at Risk Strategies for over six years, first as family office practice manager and then as vice president in the NY region.
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In addition, the insurer completed the $240mn sale of its agribusiness unit Crop Risk Services to American Financial Group (AFG).
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Sources said the company decided to outsource its claims function to Sedgwick, a third-party administrator in which Stone Point Capital is a minority investor.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Buchmueller will leave the company at the end of 2023.
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