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The measures also seek to encourage greater wildfire mitigation efforts. -
The assistant treasurer is also due to review the Australian cyclone pool.
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The affirmations reflect Everest’s strong underwriting diversification.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Lloyd’s will keep heritage systems operationally resilient until at least 2030.
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The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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The group claims the White House is undermining disaster preparedness.
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This is the first rate filing to use the recently approved Verisk model.
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Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
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