Insurers
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California, Texas and Florida rose 15.7% in February and 29.1% in January. -
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.
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Growth came across all lines, and losses from catastrophe events were within expectations.
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The carrier has received 12,300 claims as of 28 March.
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RBC reports can help regulators identify weakly capitalized companies.
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The InsurTech was also removed from under review, negative.
