US Southeast/Gulf
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California posted a 47% jump YoY, from a 28.4% rise in June. -
Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Court documents show Travelers subsidiary Northfield Insurance is the insurer.
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The executive had been Stone Point’s representative on Higginbotham’s board.
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State legislation has led to major strides in rate adequacy.
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Category 4 and 5 storms could become more common and hit further north.
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Despite predicting fewer hurricanes, the numbers are still above average.
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Florida recorded premium growth in June after declines in May and April.
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The regulator said further measures could still be passed in this session.
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The legislature did pass Twia reforms, however.
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Most of the losses are attributable to a supercell storm in Texas.
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One measure could give regulators greater leeway to deny rate requests.
