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Tim Nagle succeeds Oscar Holloway, who has left the company to “pursue other opportunities”.
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A roundup of all the news you need today, including Hurricane Milton making landfall near Siesta Key.
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The Madrid branch will look to begin underwriting primary specialty insurance in 2025.
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PPL plans for iterative releases and a production environment by end of Q1 2025.
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The hurricane has destroyed hundreds of homes and left more than 2.7 million homes without power in Florida.
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Milton’s center is projected to make landfall near or just south of Tampa Bay.
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The magnitude of the hurricane may impact reinsurers’ capacity deployment.
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Contrary to expectations that US casualty would dominate the conversations, Milton took the spotlight.
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Florida concentrated property insurers are expected to face capital struggles.
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The NHC storm track predicts landfall below Sarasota, south of Tampa Bay.
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It also reported that severity increased by 17% in the same period.
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The estimate applies to a landfall south of Tampa Bay.