Insurers
-
Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
-
Newsom has yet to sign a pending bill to create a public cat model.
-
Winds have strengthened to 80 mph, and the hurricane is expected to intensify further over the next 48 hours.
-
The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
-
Deals would need to be sized at $50mn plus for transfer to capital markets.
-
The measures also seek to encourage greater wildfire mitigation efforts.
-
Vantage Group Holdings received a BBB- long-term issuer credit rating.
-
The tech firm is building a joint stock company with insurers and investors.
-
Ryan Alternative Capital Re was launched in partnership with Axis Capital.
-
Syndicate 1440 was approved to assume business incepting January 2026.
-
The data modeling firm said losses previously averaged $132bn annually.
-
The violations included not using propertly appointed adjusters and failing to pay claims.