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Tampa insurer cuts rates, citing positive impact of legislative reforms - Tampa Bay Business Journal
The Business Journals· 13 hours agoThe Tampa insurer aggressively raised rates over the prior two years while also cutting tens of...
Investment firm 777 sells US insurance business to Knighthead
Semafor via Yahoo Finance· 9 hours agoInvestment firms have been racing to replicate Apollo’s money-spinning annuities business, which...
US Home Insurers Post Net Combined Ratio Over 110: S&P
Insurance Journal· 11 hours agoS&P said inflationary pressures, the devastating wildfire in Hawaii and a record-breaking number of billion-dollar loss events from convective storms weighed on the industry’s results. Despite ...
The Bermuda Monetary Authority’s Approach to Private Equity-Owned (Re)insurers | JD Supra
JD Supra· 2 days agoWithin insurance markets, a much more active market in trading “back-books” of insurance liabilities has developed, allowing insurers to optimise their capital allocation ...
Louisiana entering another hurricane season in insurance crisis
WBRZ 2 Baton Rouge· 22 minutes agoThis hurricane season, property owners are still navigating an expensive insurance market. "I think...
Fla. High Court Clears Path for Insurance Companies to Utilize Payment Methodologies Enumerated in...
Law.com· 9 hours agoRevival Chiropractic, No. SC2022-0735 (Fla. Apr 25, 2024). In plain language, the issue can be...
Canopius appoints group chairman
Life Insurance International via Yahoo Finance· 9 hours agoCanopius has never been in better shape, and I have great confidence in Andy Haste and Neil Robertson’s leadership team to propel the business to new...
UnitedHealth Group acquires large mental health group in Twin Cities
Star Tribune (Minneapolis) via Yahoo Finance· 3 hours agoMinnetonka-based UnitedHealth Group has acquired CARE Counseling, a Plymouth-based outpatient mental...
Progressive (PGR) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks via Yahoo Finance· 3 hours agoThe insurer's stock has dropped by 2.76% in the past month, falling short of the Finance sector's...
Insurance industry's hypocrisy: Warning about climate change, backing fossil fuels
The Des Moines Register via Yahoo Finance· 12 hours agoIt’s a hypocrisy that cannot stand. Insurers, by the very nature of their business, should be...