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Sources say the Fair Plan is under-reserved, leading to the possibility of member assessment. -
The company will now focus on growing its E&S and InsurSec offerings.
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‘Emotionally driven’ claims by non-profits underscore their unique D&O exposures, according to Travelers' Nicole Murphy.
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A quick roundup of today’s need-to-know news, including US CPI numbers and the California Fair Plan.
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Piyush Patel and Sandra Russo have joined Dellwood as head of programs and AVP, respectively.
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The all-items index posted a 2.9% rise for the last 12 months.
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The biggest riser in this year’s Allianz Risk Barometer was climate change.
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Rates are now falling, but submissions are still rising, according to wholesale brokers.
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Sheila Cameron urged “calm and caution” on the implications of a Trump presidency.
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The carrier is the largest writer of homeowners’ multi-peril in the state.
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Irwin joins the firm from Beazley, where she’d worked since 2019.
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Brock served for nearly 37 years at the firm.
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