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Storm surge of two to four feet could affect the North Carolina coast. -
The US has been lucky over recent decades to avoid a $100bn insured hurricane event.
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The promotions will enhance underwriting capability across key segments.
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Despite mild headline CPI, some insurance-related items are heading in a worrying direction.
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The insurer said it expects to begin writing business by the end of the month.
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July’s medical care increase was up from June’s o.6%.
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The estimate covers property and vehicle claims.
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Floir has greenlit at least 14 new companies for operation in Florida in the last few years, contributing to the competition.
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A shift to back to the admitted property space and MGAs choosing ignorance are other possible scenarios.
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Both organisations still predict an above-average hurricane season.
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As the fires spread, the priority shifted from saving structures to saving lives.
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