Citizens Insurance

Insurance Solutions Provider Orion180 Names 4 to Leadership Team

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星期二, 十一月 14, 2023
Apps, Applications, Technology, Insurance, Finance, Fintech, Professional Services, Software, Data Analytics, Data Management, Kobe University, Associate, Record, ARM, Personal, LexisNexis Risk Solutions, Rhode Island College, WTW, ERM, University, Commercial, Risk, Equitable, Are, Florida Army National Guard, Utica National Museum, Crosier, University of Massachusetts Dartmouth, AIC, Doctor of Philosophy, Marketing, Liberty Mutual, AIG, Army, Chartered Property Casualty Underwriter, Citizens Insurance, Liability (financial accounting), SVP, Growth, AIDA, API, CPCU, University of Hartford, Risk management, Management

They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.

Key Points: 
  • They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.
  • “These appointments signal our preparedness to compete in multiple lines of personal and commercial insurance as we look to expand nationally.”
    Mohammad Javanbarg, SVP of specialty risk, joined Orion180 to customize and enhance Orion180's view of modeled and non-modeled catastrophe risks, and develop innovative specialty insurance solutions.
  • Malcolm Tsung, VP of product management, commercial lines, joined Orion180 to spearhead the development of Orion180’s commercial lines products.
  • Before joining Orion180, at LexisNexis Risk Solutions, he served as director, commercial insurance vertical.

As the Florida Insurance Market Flounders, Prime Insurance Company Commits to Homeowners

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星期五, 九月 15, 2023
Professional Services, Other Professional Services, Other Construction & Property, Residential Building & Real Estate, Insurance, Construction & Property, Personal Finance, Housing, Florida Legislature, ALL, Lawyer, Citizens Insurance, Citizenship, Gold, Risk, Property insurance

Prime Insurance Company, Inc. announced its commitment to Florida homeowners today as Florida insurance companies continue to escalate rates or pull out of the market due to rebuilding costs in coastal areas.

Key Points: 
  • Prime Insurance Company, Inc. announced its commitment to Florida homeowners today as Florida insurance companies continue to escalate rates or pull out of the market due to rebuilding costs in coastal areas.
  • Over the last 40 years, the Florida Homeowners’ Insurance Market has been “the best experiment in how not to do insurance,” says Rick J. Lindsey, President, CEO and Founder of Prime Insurance Company, a leading provider of innovative liability solutions for specialty risks.
  • In response to the collapsing insurance market, the Florida Legislature created Citizens Property Insurance in 2022 to provide property insurance to eligible Florida property owners unable to find insurance coverage in the private market.
  • Prime Insurance Company is an E&S Property and Casualty Specialty Lines Insurance Company.

Insurance Companies Seek Massive Bailout & Deregulation Scheme In Sacramento, Says Consumer Watchdog

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星期一, 八月 28, 2023
McGuire family, Insurance, Wildfire, Policy, Proposition 103, Citizens Insurance, Algorithm, Consumer Watchdog, Legislation, Property insurance, Citizenship

Nothing in the proposal requires insurance companies to insure new homes as a condition of a bailout.

Key Points: 
  • Nothing in the proposal requires insurance companies to insure new homes as a condition of a bailout.
  • Insurance companies are trying to exploit a crisis to get deregulation they have sought for 35 years and a bailout of their current responsibilities to California homeowners," said Harvey Rosenfield, author of Proposition 103 and founder of Consumer Watchdog.
  • More rational proposals would limit the insurance companies' exposure under the FAIR Plan without putting the burden on policyholders.
  • Insurance companies have abandoned the Florida market even after the state, under Governor Ron DeSantis, bent over backwards to give in to the insurance industry's demands.

Argo Group appoints Jessica Snyder as President, U.S. Insurance

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星期一, 八月 15, 2022
Insurance, Professional Services, Securities & Exchange Commission of Pakistan, Industry, Forward-looking statement, NYSE, University, Argo Group, Tesco international operations, ARGO, GuideOne Insurance, China State Construction International Holdings, U.S. Securities and Exchange Commission, University of Wisconsin–Madison, Business administration, Insurance, Time, Snyder, Citizens Insurance, Master of Business Administration, Management, Risk management, Science

Argo Group International Holdings, Ltd. (NYSE: ARGO), an underwriter of specialty insurance, today announced Jessica Snyder has been appointed to serve as president, U.S. insurance, effective immediately.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO), an underwriter of specialty insurance, today announced Jessica Snyder has been appointed to serve as president, U.S. insurance, effective immediately.
  • With almost 30 years of industry experience, Snyder joins Argo from GuideOne Insurance where she most recently served as its president and chief executive officer from 2017 through 2022.
  • Argo is a dynamic company with a clear and proven strategic vision for driving results across the specialty insurance industry.
  • ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
    Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market.

Best’s Commentary: Florida’s Property Insurance Market Struggling to Stem the Bleeding

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星期三, 五月 26, 2021
Insurance, Professional services, Citizens Property Insurance Corporation, Government of Florida, Citizens Insurance, Property insurance, Insurance, Financial services, United States

AM Bests composite of Florida property insurance companies hit five-year performance and surplus lows in 2020, and given persisting and significant market hurdles, companies will find sustaining current surplus levels a challenge, according to a new commentary.

Key Points: 
  • AM Bests composite of Florida property insurance companies hit five-year performance and surplus lows in 2020, and given persisting and significant market hurdles, companies will find sustaining current surplus levels a challenge, according to a new commentary.
  • In its Bests Commentary, Floridas Difficult Market Continues to Challenge Insurers, AM Best states that despite no hurricanes making landfall in 2019-2020, Florida property insurance writers still posted a combined ratio of 131.5 in 2020, a 18.2 percentage-point deterioration from 2019.
  • These actions have led to an increase of in-force policies at Floridas residual insurer, Citizens Property Insurance Corporation.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.