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The region will be led by Bill Ferree as president and Matt Sitzmann as COO. -
Nationwide vet Mike Miller is launching the MGA, which focuses on the E&S market.
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A hurricane warning has been issued for the east coast of Florida.
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Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
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Current efforts to battle third-party litigation funding are focused on disclosure.
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Destructive storm surge is expected along Florida’s West Coast on Wednesday.
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Moody’s RMS forecast total insured losses from Helene of $8bn-$14bn.
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The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
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Moody’s also predicts losses to the NFIP at potentially more than $2bn.
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The storm is packing maximum sustained winds of 175 mph.
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Cole will lead development of the firm’s financial lines practice.
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Milton threatens to make landfall in Florida shortly after Helene.
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