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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The decision applies only to policies issued through the company’s exclusive agency distribution channel.
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The capital injection comes over a year after Sigo Seguros raised $5.4mn in its seed funding round, co-led by Listen Ventures and Chingona Ventures.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The drop was among the largest declines in the index’s history and the largest since the onset of the pandemic in April 2020.
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The news comes just over a month after two other large carriers, State Farm and Allstate, announced that they’d no longer accept new business in the state.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Personal lines underperform predictions, while brokers and InsurTechs are a positive surprise (for now).
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The bureau reported that based on total counts, nearly 90% of claims related to the wildfire, which lasted from May 28 to June 4, were filed in the homeowners market.
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In addition, the insurer completed the $240mn sale of its agribusiness unit Crop Risk Services to American Financial Group (AFG).