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MGAs going public is now a viable option, but dominating a market comes first. -
The Republican said his office has launched an investigation into the denials.
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The company announced several moves Monday, including the promotion of Nancy Pierce to Geico CEO.
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NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
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Marsh has accused its former execs of flouting a preliminary injunction.
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Plaintiffs claim climate-induced cat losses have spurred increases in premiums.
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The carrier said it anticipates a better market due to recent reforms.
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Light cat losses at year-end portend capital deployment and return decisions in 2026.
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The peril has been historically difficult to model compared to others.
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Sizable reserve releases offsetting casualty reserve charges cannot last forever.
