US North East
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By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.
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Northeast Insurance said 55 claims were brought under the Child Victims Act.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Superintendent Harris is stepping down this month after four years of service.
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The WCB has denied the allegations, claiming its decisions were based on “reasonable investigations”.
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The ratings outlook has also been revised to stable from negative.
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Life-threatening surf and rip currents are expected on the east coast of the US.
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The state’s Supreme Court upheld two lower court decisions finding no liability.
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Total revenues grew 12% due to the contribution from acquisitions.
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Category 4 and 5 storms could become more common and hit further north.
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The MGA and parent company Roosevelt Road Re have until July 21 to file a second amended complaint.
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The outages began around 07:00 ET on Tuesday.