US Southeast/Gulf
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TSR previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Proceeds will expand the company’s reinsurance protection in Florida and South Carolina.
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The reforms limit liability for some small businesses in the state.
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Insurers haven’t announced concrete steps – yet.
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The law imposes limits on third-party litigation funding, among other changes.
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The insurer has lined up Piper Sandler and KBW to run the process.
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ShoreOne is offering an all-in-one policy that includes flood protection.
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The regulatory changes have been championed by Governor Brian Kemp.
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Shift to growth includes all geographies in which the company does business.
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Big tort reform packages are on the table, but California steals the show, for now.
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The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.