exit News

Lloyd’s Market Association Issues Guidance in Case of Euro Exit

The Lloyds’s Market Association (LMA) has joined central banks and other financial instiutions in preparing for a possible euro zone exit. It has issued a “note” giving insurers and brokers guidance on what they should be prepared to do in …

Mercury General to Exit Florida Homeowners Market

Citing fourth quarter losses in Florida of $19 million, Mercury General said it would begin the process of withdrawing from the state’s homeowners insurance market. The company said it will send the mandatory 180-day advance notice of its intent not …