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The Insurance Insider US news team runs you through the earnings results for the day. -
The start-up has achieved an A- credit rating from AM Best.
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Sources said the Lake Mary, Florida-based firm is working with boutique bank Lincoln International.
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Rate meanwhile continues to be an area of focus in the lines most impacted by social inflation, the CEO noted.
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The storm is likely to be one of the costliest weather events in Canadian history.
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The broker said clients could expect to see double-digit rate decreases this year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The company did not take questions on its recently announced business review.
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Sources said that Waller Helms/Houlihan Lokey is working with the firm as financial adviser.
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The carrier has not added new business in the state since 2007.
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Insurance stocks are lukewarm amid earnings season, cats and political changes.
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The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
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