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Plaintiffs claim climate-induced cat losses have spurred increases in premiums. -
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.
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Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
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Similar bills targeting fossil fuel firms have been introduced in other states.
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The MGA is exploring new product lines including condos and renters, CEO John Chu said.
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Senators asked for data on fraud but weren’t given any.
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The investor offloaded nearly 100,000 Allstate shares in Q3, according to its latest 13-F.
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He will be replaced at a time when Fema is considering structural reforms.
