Hints and tips:
...We believe the company continues to face catastrophe risks in its homeowners business line in the third and fourth quarters of 2023 mainly from wind and fire disasters that could further erode earnings,...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...Greenberg has been quietly building up a family of insurance companies that could compete with A.I.G. To fill the ranks of his venture, C.V....
...Allstate and State Farm, two big property and casualty insurers, now want other states and the federal government to establish reinsurance schemes as well....
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