The Full Perspective: Florida lawsuits and A&H entries - a podcast by Insider Publishing Group

This week the team looks at the final throes of lawsuit activity connected to Hurricane Irma claims as well as new market entries into the accident & health (A&H) sector.

Key points on Florida insurance litigation include:

• Total cases filed against the largest Florida insurers jumped by 23% in June from the prior month the highest point in the past year, reflecting an expected final surge ahead of the three-year deadline to file Hurricane Irma claims
• However, the number of cases filed using assignment of benefit rights – while up from May – remains below the peaks seen in late 2019 suggesting legislative reforms have helped curb these claims. 

Related reading: https://bit.ly/3fXNmNQ

Key points on the A&H entries include:

• The segment has until now largely resisted the price firming in other specialty niches so some might see these developments as surprising, but as A&H covers a wide range of business, new entrants are likely to take a highly tailored approach to building their portfolio
• Entries to the segment from Optio Underwiting, Convex and Lancashire follow earlier withdrawals from Markel International and Starstone International

Related reading: https://bit.ly/3g02g6b

Support the show (https://insuranceinsider.com/free-trial)

Further episodes of CEO Perspectives with Meg Green

Further podcasts by Insider Publishing Group

Website of Insider Publishing Group