-
Sources said the Floridian insurer has been working with Deutsche Bank on the listing preparations. -
The executive joins from RenaissanceRe.
-
Chief risk officer Shannon Lucas will move to COO as part of the shakeup.
-
The UK-based insurer’s Florida Re secured state regulatory approval in June.
-
The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.
-
The executive said inflation isn’t completely gone but is now “more understood”.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Slide does expect a “meaningful” amount of takeouts for this month and next.
-
The insurer reached highs of over 1.4 million policies in September 2023.
-
Exposure for California’s Fair plan has jumped, as insurers drop policyholders.
-
Rate pressure on wind and quake partially offset overall Q3 programs growth.
-
The company sees itself in a “very strong position” in the state.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The London-based executive will relocate to Daytona Beach, Florida.
-
SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
-
Critics claim the dispute system denies consumers' key legal rights.
-
The tech subsidiary applied to list its common stock on the New York Stock Exchange under the ticker symbol “XZO”.
-
The insurer booked a $950mn policyholder credit expense in September.
-
Founder Chad King will transition to chairman but continue leading M&A efforts.
-
As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
-
New home sales could be impacted by a prolonged stalemate.
-
She previously served as Hub’s North American casualty practice leader.
-
With the deal, sources expect backers Tiptree and Warburg Pincus to exit the Floridian insurer.
-
Sources said they expect the carrier’s listing to raise about $100mn.
-
This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
-
Sources said that the carrier’s listing is expected to raise around ~$100mn.
-
The company is estimating its IPO price at $18-$20 per share.
-
A federal judge restricted former Marsh employees from soliciting for Howden.
-
A report by the ratings agency challenges current industry wisdom.
-
Models anticipate a busier second half, particularly in the next few weeks.
-
The deal is expected to result in $700mn in combined GWP in Florida upon completion.
-
The company generated $71.4mn in revenue for H1 2025.
-
The bipartisan legislation would make Fema a cabinet-level agency.
-
The PE-backed MGA has Morgan Stanley, Bank of America and JPMorgan advising.
-
The company said defendant "distraction" can’t make up for flimsy arguments.
-
Lawmakers are seeking input on risk evaluation, limits and other concerns.
-
The insurer said it expects to begin writing business by the end of the month.
-
The company plans to launch in New York and New Jersey next year.
-
Floir has greenlit at least 14 new companies for operation in Florida in the last few years, contributing to the competition.
-
Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
-
Rates continue to fall across the state but are firmer in the southeast region.
-
The carrier sees opportunities to grow in New York, the mid-Atlantic and Florida.
-
California posted a 47% jump YoY, from a 28.4% rise in June.
-
The executive joined Navigators in 2010 after eight years at White Mountains Capital.
-
The Miami-based executive assumes the role left vacant by April McLaughlin.
-
This follows last month’s takeout of 12,000 Citizens policies.
-
The broker posted a 6.5% drop in organic growth YoY.
-
The lawsuit claims more than 100 employees left with Parrish and his three reports.
