Insurers
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The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay. -
Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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The executive joins Selective after 19 years at Progressive.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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The deal marks Sentry’s largest transaction in its 120-year history.
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The deal helps boost Davies’ growth across North America and Canada.
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The industry could weather a recession, unless loss costs and reserving pressures worsen.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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It is understood that the goal is to use a capital injection to form a reciprocal.
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Light cat losses, reserve development, and pricing trends are key topics in Q1.
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Mutuals struggle to react and adapt to a worsening loss environment.
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Some carriers may be pressing too hard on reserve releases from recent years.
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