Insurers
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Panellists discussed the softening market, and what would flip the switch on rates.
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In its latest report, the carrier cites the top 10 cyber incidents of 2024.
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The total includes fire and smoke damage plus living expenses for evacuees.
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The executive will replace retiree Michael Miller.
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Losses from the larger fire will amount to $20bn-$25bn, the modeller said.
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The court will consider appeals against initial judgments that found in policyholders’ favour.
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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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