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Top Stories / Ad / Most Recent
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Rate falls across the property class and uncertainty around the US administration dominated conversations. -
The losses do not change the near-term assessment of CinFin’s balance sheet strength.
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The bill seeks prompt claims payments and settlements, and greater transparency.
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A quick roundup of today’s need-to-know news, including Assurant’s California losses.
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The estimate covers property and vehicle claims.
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On a year-over-year basis, however, most commercial lines recorded renewal rate rises.
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Casualty reserve concerns continue to mount as releases remain elevated.
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The broker attributed the drop to smaller average deal sizes over the quarter.
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His predecessor Peed remains with the firm as executive chairman.
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The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
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The company will ‘aggressively pursue subrogation’ for the Eaton Fire.
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The company is on target to write around $700mn in premiums this year.
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