Homeowners' insurance
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US SCS insured losses YTD already stood at around $12bn prior to these events. -
Approximately 1.2 million units are vacant throughout the state.
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Flash floods moved into Texas overnight and into the lower Mississippi Valley Monday.
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The carrier is also targeting E&S growth in property brokerage and global specialty.
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Concern about vague cat modeling language was a theme at a Tuesday workshop.
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Commercial lines will remain bifurcated, with strong growth in property and weak growth in liability.
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Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
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A litany of underwriting and quoting constraints has made it much harder to write business.
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Tim Cerio also credited litigation reforms for the current market recovery.
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He will manage the region’s sales and service teams.
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CoreLogic’s report for April 2024 saw rising costs across four common loss scenarios.
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The company has retained Tony Ursano’s IAP for the raise.
