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The executive joined The Hartford when it acquired Navigators in 2019. -
The investigation follows several civil racketeering cases filed by Tradesman based on similar facts.
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The LA wildfires accounted for 59% of loss activity over Q1.
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The exec said the feds have been given data to potentially pursue criminal charges.
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The MGA and parent company Roosevelt Road Re have until July 21 to file a second amended complaint.
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The rules would require paid rest breaks, among other measures.
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The unit will operate via VerTerra Insurance, the company’s E&S insurer.
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Tariffs could drive up property loss costs, but the impact on other items has been muted.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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The pair joined MMA after the $7.75bn purchase of McGriff in November.
