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
Core 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,
Palomar 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:
In 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, highlighting
Ryan 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
The 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
