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The ratings agency warns that wildfire is an increasingly risky and unpredictable peril.
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Overview of Q1 earnings shows upsides, but plenty of concerns going into the rest of 2024.
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Rina Visconti is joining the firm’s national casualty practice after 27 years at CRC.
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Farmers cited “positive changes” in the state's commercial insurance market.
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The executive will report to Aon fac head in south Florida Eduardo Hussey.
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The executive succeeds Rick Miller, who passed away last month at age 62.
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Based in Virginia, she will identify and pursue Mid-Atlantic opportunities.
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Analysis of 2023 statutory data shows that Californian insurers are leaning more heavily on reinsurers but at a nationwide level, premium cessions were more stable.
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Christopher Cavallaro's appointment to the company's board of directors is effective this month.
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Deal volume for Q1 decreased to 111 transactions from 116 last year.
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The FTC issued a final rule on April 23 banning the use of non-competes nationwide.
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The underwriters will receive a 30-day option for an additional one million shares.
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The carrier’s goal for its specialty arm is to achieve $10bn in written premiums and a sub-90% CoR by 2030.
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Michael Yeats will now lead the automatic reinsurance facilities division in the US.
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Across three offerings, Victor increased coverage maximums by $33mn.
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Along with D&F, Fidelis is looking to grow in marine construction and aviation.
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The Insurance Insider US news team runs you through the key M&A deals from the past week.
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Some see flat renewals this year, while others report deployment of larger lines.
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The firm will no longer have to compete with one hand tied behind its back.
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Storms struck the Great Plains, the Midwest and the Southeast.
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The company plans to reduce its quota share to 20% from 40%.
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Only umbrella posted a higher rate increase, while workers’ comp continued to drop.
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These cedants could offer the firm access to support their casualty and specialty lines as well.