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Big tort reform packages are on the table, but California steals the show, for now. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The policies represent approximately $35mn of in-force premium.
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Slide lined up Morgan Stanley, Barclays and JP Morgan as lead bookrunners.
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The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.
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At the first Insurance Insider US Miami Forum, Floridian industry players pointed to signs of stability.
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The bill seeks prompt claims payments and settlements, and greater transparency.
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His predecessor Peed remains with the firm as executive chairman.
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The spillover impact from the LA wildfires will play a major role in how much reinsurance capacity will be available.
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Citizens approved an average 8.6% rate hike and decreases for one-fifth of policyholders.
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The state has seen 11 new entrants into the insurance market, reflecting renewed confidence.
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The Florida of 2022 lacked stability and saw many carrier insolvencies.
