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The suit seeks to block insurers from passing through assessment costs. -
He will replace Scott Lee, who is retiring after 40 years in claims.
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The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
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The insurer achieved an 86.4% acceptance rate of the policies selected.
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The program will provide excess casualty coverage across a broad range of industries.
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NY-based PE firm BBH Capital has exited its minority investment following the recap.
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Meco's 2024 gross written premiums totaled $63mn.
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After seven years of premium rate growth, rates are down 5% to 40% across the US.
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The release followed the filing of an updated Plan of Operation.
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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Fortegra launched a sale process months ago with Barclays and BofA advising.
