Homeowners' insurance
-
The initial offering will include 6,875,000 shares of common stock. -
The Floridian is expecting to have around 40,000 policies in force by year-end.
-
The Lone Star State has seen rapidly increasing rates in recent years.
-
CEO Marchioni said the overall hit would likely be “in the low single digits”.
-
Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
-
The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.
-
Howard and Moore were among a group to receive letters over links to prior insurance insolvencies.
-
The suit seeks to block insurers from passing through assessment costs.
-
The insurer achieved an 86.4% acceptance rate of the policies selected.
-
The release followed the filing of an updated Plan of Operation.
-
The suit alleges a “deliberate scheme” to deny smoke damage claims.
-
The counties make up for the majority of the state’s high net worth market, sources said.
