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AIG has entered into a binding memorandum of understanding with Stone Point Capital to form an independent MGA to serve high-net-worth (HNW) markets, as it takes a dramatic step to address the volatility this business has brought. -
Inside P&C breaks down some of the key themes and commentary from commercial, personal and specialty line carriers, as well as brokers, during the season so far.
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The firm’s playbook struggles provide valuable insights for its InsurTech competitors as they all navigate a challenging loss cost environment.
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The Manheim Vehicle Value Index increased 0.8% in December.
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The InsurTech is accusing Brinson Caleb Silver and his alleged co-conspirators of executing a scheme which defrauded it of at least $9.4mn.
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The attempt to increase the supply of insurance in the state has been submitted for governor approval.
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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 executive joined Citizens as general counsel in June 2021.
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Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
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Five auto insurers receive approval to raise rates after 32-month halt by the California Department of Insurance.
