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Increased vegetation could spell trouble in the future.
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While buyers enjoy favorable market conditions, increased costs from tariffs could spell trouble in 2026.
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The executive was previously head of casualty at the AIG subsidiary.
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Casualty and auto loss costs continue to rise due to inflation as we head into 2026.
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The MGA’s property team buildout was led by Clif Hope, former Lexington head of property.
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Sources said they expected FM to keep around $2bn of the maximum line net.
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Insurance has been an increasingly salient issue among politicians in the state.
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The company’s policy count has been declining rapidly in recent months.
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FM announced a new super-sized $5bn data center line as it grows book value $3bn-$4bn a year.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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The medical care index increased 3.5% over the past 12 months.
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Wildfires and SCS led to $108bn of total insured losses globally, despite no major hurricane making US landfall.
