Insurers
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The executive was previously head of excess casualty, North America.
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This follows last month’s takeout of 12,000 Citizens policies.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Nationwide will delegate management of the policies to Ryan Specialty.
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The pace of increases ticked down in the second quarter compared to Q1.
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The SME and middle market segments remain ‘pretty healthy’.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Mercury’s recovery from the guaranteed percentage of losses is $47mn.
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Insurers can offer features the beleaguered fund can’t, the MGA said.
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New business written premiums were up in the commercial and E&S segments, but decreased in personal lines.
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Smaller accounts remain less affected by an influx of MGAs.
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The regional insurer has increased its weighting to OLO and commercial auto, versus comp.
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