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Sources said that Milton may slow the pace of rate deceleration. -
The firm still expects to deliver positive net income for Q3 2024.
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The Floridian insurer has $80mn in surplus, with retention sitting at less than 10%.
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The carrier saw 16% growth during the quarter.
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The business put up strong H1 numbers, and has named Christian Dunleavy group president.
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A roundup of today’s need-to-know news, including our M&A Deal Tracker and BroadStreet's minority sale process.
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Modeling misses may have undervalued the storm’s inland wind impacts.
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The Teachers’-backed broker consolidator is being marketed off ~$700mn of Ebitda.
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In an interview with this publication, Lara said "everything’s on the table" for future reforms.
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In our new database, you can find all of the key data points on P&C commercial lines deals in our coverage universe in one place.
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Previously, Thomas Long was an AVP for construction at Arch.
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This could change if Milton losses turn “ugly”.
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