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The big brokers are lining up London capacity to write follow lines on US risks.
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As of February 14, the company received 405 claims.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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The Insurance Insider US news team runs you through the earnings results for the day.
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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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The London D&F market will shoulder most of the losses.
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The executive, Mike Schell, has over 50 years of industry experience.
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He served in the role since the Applied Underwriters segment’s inception in late 2023.
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Florida House speaker Daniel Perez is seeking an investigation into the charge.
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Customers will keep their agent relationship and policies will not be impacted.
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Underwriting profits for casualty-exposed insurers show signs of struggle as loss costs worsen.
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The California broker’s pro forma revenue for full year 2024 was $268mn.