Homeowners' insurance
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Shift to growth includes all geographies in which the company does business. -
Four cat modelers have also submitted their tech for regulatory review.
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The commissioner said in a legal bulletin that smoke claims can’t be “summarily denied”.
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As of February 14, the company received 405 claims.
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The carrier is only going to write new business on E&S paper, sources said.
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Customers will keep their agent relationship and policies will not be impacted.
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Under the new guidelines, the carrier is requiring more distance from the brush.
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This is the second acquisition Amwins has announced this year.
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Comments came as universal reported a 4.2 CoR jump to 107.9% in Q4.
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State Farm General has asked California regulators for an emergency rate increase.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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The policies represent approximately $35mn of in-force premium.
