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Court lets insurance, mortgage servicing claims move forward after wind damage denial
In an order issued March 20, Judge Henry T. Wingate of the US District Court for the Southern District of Mississippi denied motions to dismiss filed by PennyMac Loan Services, LLC and Caliber Home Loans, Inc. The ruling allows plaintiffs Ashley C. Guerdan and Catherine E. Guerdan to proceed with their lawsuit, which includes claims…
HDI Global SE hits insurance revenue milestone in 2024
Profit climbs, returns improve, and underwriting beats targets Source link
Hamilton Global Specialty names new underwriter for Syndicate 4000
The appointments come amid broader leadership changes at Hamilton. In February, the company named Mike Thorp as head of space and Chris Golder as head of treaty. Thorp, who joined Hamilton in 2015, was instrumental in launching its space underwriting business. Golder, who came on board in 2023, has 16 years of experience in the…
Insurance moves at Fidelis, Hartford, Everen, Everest and Munich Re
They include a group managing director and a new head of healthcare Source link
Quarterly annuity sales exceed $100 billion in all four quarters – LIMRA
In the fourth quarter, US annuity sales totaled $100.6 billion, a 13% decline from the record-setting fourth quarter of 2023. Lower interest rates contributed to declines in fixed-rate deferred (FRD) and income annuity sales, affecting overall results. Source link
Trump’s policies could create mixed impacts on US M&A – Liberty GTS
President Donald Trump’s pro-business stance and “America First” philosophy could make US firms more profitable, which could positively impact valuations, according to at least one specialist. At the same time, however, economic uncertainty, driven by Trump’s tariffs and trade policies, could dampen M&A as investors take a wait-and-see approach. Source link