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DeMello-Johnson (pictured) joins from Acrisure, where she was head of sales and growth for US Retail. She previously spent more than 10 years at Amerisure Insurance, where she helped establish and lead a subsidiary designed to support agency partners with expansion and succession planning.
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[ad_1] The report, which reviewed various aspects of the carrier’s operations – including customer service, claims handling, internal audits, and information technology – found that Citizens needs to strengthen its processes to ensure policies adhere to statutory coverage limits. [ad_2] Source link
[ad_1] The financing will be issued through surplus debentures, with $95 million provided by an affiliate of Gallatin Point Capital LLC and the remaining $15 million funded by Baldwin affiliates. The transaction is expected to close in the second quarter of 2025, subject to regulatory approvals and customary closing conditions. [ad_2] Source link
[ad_1] Since 2022, more than 10 new insurers have entered Florida’s homeowners insurance market, a trend driven by recent legislative changes aimed at reducing litigation and fraud. Among the new entrants is Mangrove Property Insurance, Tailrow Insurance, Mainsail Insurance and Orange Insurance Exchange. [ad_2] Source link
[ad_1] How are industries adapting their risk management? [ad_2] Source link
[ad_1] A growing disconnect between insurance market capacity and lender requirements is squeezing real estate borrowers and leaving brokers to close the gap [ad_2] Source link
[ad_1] Active acquisition drivers Among the most active buyers over the past four quarters, BroadStreet Partners led with 81 transactions, exceeding its five-year average of 58. Hub International followed with 61 deals, slightly below its five-year average of 65, while Inszone Insurance Services recorded 44 deals, above its average of 32. [ad_2] Source link
