-
The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines. -
Cybersecurity basics could reduce cyberattack costs by up to ~75%.
-
The association’s Hurricane Beryl net loss stood at $455mn as of 30 September.
-
The estimate includes $102mn from Milton and $114mn Helene development.
-
The industry posted a good quarter, but reserving and loss cost concerns hardly abated.
-
It is targeting $25mn GWP this year and $50mn GWP in 2025.
-
Batch coverage is also coming into focus as insurers look for ways to reduce exposure to large losses.
-
The deal follows Davies' recent acquisitions of the TPA arms of HW Kaufman and Brown & Brown.
-
The recently filed suit names several personal injury law firms.
-
The floods add to an already historic loss tally for Canada in 2024.
-
Net property losses from Hurricane Milton in October reached $153.6mn.
-
The California fire was 91% contained as of Friday.
