Florida | Insurance Insider US

The company’s policy count has been declining rapidly in recent months.

The parties now have 60 days to file a stipulation to dismiss the action.

The finance committee discussed shifting market dynamics as tort reform takes effect.

The commissioner said more work needs to be done, but big companies are interested in coming back.

The Floridian also anticipates $115mn to $125mn in net income for the quarter.

Sources said the Floridian insurer has been working with Deutsche Bank on the listing preparations.

The executive joins from RenaissanceRe.

Chief risk officer Shannon Lucas will move to COO as part of the shakeup.

The UK-based insurer’s Florida Re secured state regulatory approval in June.

The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.

The executive said inflation isn’t completely gone but is now “more understood”.

The Insurance Insider US news team runs you through the earnings results for the day.

Slide does expect a “meaningful” amount of takeouts for this month and next.

The insurer reached highs of over 1.4 million policies in September 2023.

Exposure for California’s Fair plan has jumped, as insurers drop policyholders.

Rate pressure on wind and quake partially offset overall Q3 programs growth.

The company sees itself in a “very strong position” in the state.

The Insurance Insider US news team runs you through the earnings results for the day.

The London-based executive will relocate to Daytona Beach, Florida.

SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.

Critics claim the dispute system denies consumers' key legal rights.

The tech subsidiary applied to list its common stock on the New York Stock Exchange under the ticker symbol “XZO”.

The insurer booked a $950mn policyholder credit expense in September.

Founder Chad King will transition to chairman but continue leading M&A efforts.