Insurers
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The industry veteran has been in personal lines HNW for more than four decades. -
The Floridian has been approved to potentially assume 81,000 policies total.
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The class can collectively challenge State Farm’s property claims calculations.
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On the rate environment, Schnitzer said the amplitude of the pricing cycle is shrinking.
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All lines except workers’ comp are up year over year, however.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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CEO Jeff Consolino will undertake CFO duties on an interim basis.
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Cat losses declined to $927mn from over $1.5bn a year ago on windstorms and hailstorms.
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The suit claims billions of dollars are being illegally withheld.
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PL coverage is being stripped out of admitted, packaged policies and increasingly purchased in the E&S market.
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Rate gains are easing across many commercial and personal lines.
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Top companies eliminated or heavily modified language related to DEI this year, analysis shows.
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