Insurers
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The court will consider appeals against initial judgments that found in policyholders’ favour. -
Most carriers paid more in homeowners’ claims than they collected in premiums.
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The Moss Landing facility has previously faced major claims.
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The associate director is exiting the broker’s product recall team after 10 years.
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The executive has also been made Syndicate 2015 active underwriter.
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UK regional division CEO Steve Bashford has retired.
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The estimate has reduced slightly since the modeler’s last update in October.
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The carrier is the largest writer of homeowners’ multi-peril in the state.
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Head of portfolio solutions Richard Palengat will lead the division.
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Outgoing chief Søren Scheuer will become a non-executive director.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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Six wildfires are now burning in SoCal, with the Palisades fire being the largest.
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Daily Digest: Top news from 17 June
17 June 2025