Insurers
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Insurance share prices were resilient amid today’s market meltdown. -
The insurer also pointed to accelerating growth, M&A to come, and a sub-30% ER.
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Korte had been serving as interim president of the unit since December.
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Universal submitted allegedly ineligible claims to the Florida fund.
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California, Texas and Florida rose 15.7% in February and 29.1% in January.
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In February, the company announced it received regulatory approval for the deal.
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Joe Cala will leave the carrier after nearly 13 years on the product recall team.
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The bill being considered would effectively eliminate personal injury protection.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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Since leaving Hiscox Krefta has founded a consultancy.
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Coverage will increase to $20mn per building.
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The executive said AIG’s E&S arm can grow 20% a year and generate $4bn of new business.
