Amwins introduces excess casualty program for public entities

The most recent short-term extension, passed in December 2024, is set to expire at midnight on March 14 unless Congress passes this legislation or another extension through the government funding resolution. The House of Representatives approved the continuing resolution on March 11, but the Senate had not yet voted on the measure. Source link

Move aims to strengthen pre-need insurance market Source link

According to Fitch, the sector recorded a combined ratio of 97%, down from 107% in 2023. The improvement ended a three-year stretch of underwriting losses, with the turnaround driven by easing claims severity, steady claim frequency, and higher premiums from rate increases.  Source link

Industry and market outlook The leadership transition comes as Argo adapts to shifting industry dynamics, including regulatory changes, rising litigation costs, and evolving risks in the specialty insurance sector. With Donahue at the helm, the company is expected to continue refining its underwriting approach while seeking growth opportunities in niche markets. Source link

As part of its investigation, Plymouth Rock Home, through counsel John Leslie, requested that Mr. Billie provide financial records, tax returns, documentation of property improvements, and other materials. Between February 2021 and September 2022, the insurer made multiple follow-up requests. Mr. Billie, working with public adjuster John Cotter, submitted only a partial set of documents…

Karen Terry, corporate vice president and head of LIMRA Insurance Product Research, said the carriers that reported the strongest sales growth pointed to demand for high face amount solutions and success in the middle market, supported by new or enhanced products, streamlined sales processes, and expanded distribution.  Source link