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Top Stories / Ad / Most Recent
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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The executive joins Selective after 19 years at Progressive.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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The deal helps boost Davies’ growth across North America and Canada.
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The industry could weather a recession, unless loss costs and reserving pressures worsen.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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It is understood that the goal is to use a capital injection to form a reciprocal.
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Light cat losses, reserve development, and pricing trends are key topics in Q1.
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Some carriers may be pressing too hard on reserve releases from recent years.
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2024 is likely to be another challenging year for the industry, and commercial in particular, though improvement in personal lines may soften the blow.
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The outlooks on IMT Insurance Company and its affiliate, Wadena Insurance Company – both domiciled in West Des Moines, Iowa, and collectively referred to as IMT Insurance Companies – were downgraded to negative.
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The bill removes a previous Farm Bill requirement mandating that carriers purchase unlimited catastrophic reinsurance. Instead, companies can purchase “adequate” catastrophic reinsurance.
Most Recent
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