The Florida Hurricane Catastrophe Fund is well equipped to handle losses from Hurricane Ian, which are now estimated to cost the fund about $10 billion, but it could mean the fund will have borrow billions next year – at steep …
While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode the Florida Hurricane Catastrophe …
New Hampshire Attorney General Michael Delaney is objecting to a proposed settlement in a tug-of-war over $110 million of surplus money in a state-created malpractice insurance fund because lawyers would get up to $27 million of it. Delaney wrote Friday …
Roxanne Mitchell was appointed President of XL Insurance’s Excess & Surplus lines unit, reporting to Seraina Maag, Chief Executive, North America Property & Casualty. Mitchell joins XL Insurance from Lexington Insurance where she served as Zonal Executive for the company’s …