Homeowners' insurance
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An EF-4 tornado devastated Greenfield Iowa, adding to the expected multi-billion-dollar toll. -
The decrease takes effect August 20, 2024, and impacts new and renewal business.
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The program includes all perils coverage and third-event protection.
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The CEO is one of more than 20 executives who received letters from Floir citing Statute 624.4073.
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US SCS insured losses YTD already stood at around $12bn prior to these events.
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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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