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Intact reports catastrophe losses from storms in Canada, UK, and US
Intact Financial Corp. reported an estimated C$244 million (US$173.2 million) in net, pretax catastrophe losses for the first quarter of the year, driven by a series of weather-related events across Canada, the United Kingdom, Ireland, and the United States. Source link
Slide Insurance files for IPO
Slide was established in 2021 by Bruce and Shannon Lucas, a husband-and-wife team with extensive experience in the insurance sector. Bruce Lucas, who previously founded and led Heritage Insurance Holdings Inc., serves as Slide’s chief executive. Shannon Lucas, formerly CEO of risk consulting firm Securus Risk Management LLC, holds the roles of chief operating officer…
Virginia tightens surplus lines insurance broker rules, offers relief for public transit insurers
Industry now faces tougher reporting and faces criminal sanctions Source link
What to Know About Insurance Roof Replacement After a Storm
Severe weather can strike at any time—bringing wind, hail, or heavy rain that may compromise one of your home’s most important defenses: the roof. Whether you’ve just been through a storm or are preparing for future risks, it’s important to understand what roof damage looks like, how insurance roof replacement works under your specific policy,…
Skyward Specialty enters aviation market with new underwriting unit
Coverage expands to airports, flight schools, and hard-to-place aviation risks Source link
Nevada bill seeks to create FAIR Plan for high-risk properties
There is also the Nevada Public Employees’ Benefits Program (PEBP), which manages and administers health and life insurance programs for qualified Nevada government employees. Established in 1963, it offers comprehensive medical, prescription drug, dental, vision, life, and long-term disability insurance. Source link