Fronting specialist Clear Blue has signed an exclusive deal with QEO to front the Texas-based MGA's commercial auto insurance program, The Insurance Insider can reveal.
Global (re)insurer Chubb has put out preliminary loss estimates for third quarter hurricanes Harvey and Irma with a combined upper range of $1.6bn before tax.
Citizens expects Hurricane Irma will generate 70,000 claims and around $1.23bn of insured losses that will not be sufficient to attach its private reinsurance layers or Everglades Re catastrophe bond.