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Four cat modelers have also submitted their tech for regulatory review. -
“They've been focused on this for more than 10 years,” said Bermuda’s CIT Agency CEO Mervyn Skeet.
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There are signs that Florida’s insurance industry is coming under increasing legislative scrutiny.
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The commissioner said in a legal bulletin that smoke claims can’t be “summarily denied”.
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The company said it now expects the transaction to close in H2 2025.
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Insurers and distributors must adapt or risk irrelevance.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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RAA president Frank Nutter says he hasn’t been able to get an update on the project from the now Trump-led NOAA.
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Florida House speaker Daniel Perez is seeking an investigation into the charge.
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The company is seeking an emergency rate increase after the devastating Los Angeles wildfires.
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The first round of the E&S boom has already played out, but this is a long game.
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State Farm General has asked California regulators for an emergency rate increase.
