The recent legal battle between Cypress Creek Equine and North American Specialty Insurance (NAS) over the denied insurance claim following the death of WinStar stallion Laoban has culminated in a significant court ruling. Laoban, a promising stallion, died unexpectedly in May 2021 after receiving
September 11, 2024Core Specialty Insurance recently achieved a significant milestone by securing an upgrade in the Financial Strength Ratings of its property and casualty subsidiaries from AM Best, moving from an A- to an A (Excellent) rating. This recognition comes with a Financial Size Category of XIII,
August 29, 2024Palomar Holdings (Nasdaq: PLMR) has posted an impressive financial performance in the second quarter of 2024, showcasing remarkable growth metrics. In tandem with financial success, the company has also announced a strategic acquisition, positioning itself for future expansion. Financial Triumph:
August 27, 2024In a significant milestone for Millennial Specialty Insurance, LLC (MSI), the independent managing general agency successfully surpassed $1 billion in in-force written premiums during the second quarter of 2024. This extraordinary achievement underscores MSI's commitment to excellence,
August 23, 2024Ryan Specialty, an international specialty insurance firm, has recently made a strategic acquisition by obtaining certain assets from Greenhill Underwriting Insurance Services. This acquisition marks an important step in Ryan Specialty’s effort to expand its capabilities and offerings in the niche s
August 21, 2024The recent affirmation of the Financial Strength Rating (FSR) of A++ (Superior) and Long-Term Issuer Credit Ratings (ICR) of “aa+” (Superior) by AM Best for United States Liability Insurance Company (USLI) and its subsidiaries marks a significant milestone. This recognition underscores the com
August 16, 2024