SCDOI Orders Atlantic Coast Life and its Reinsurer to Cease Writing in the State – Go Health Pro

SCDOI Orders Atlantic Coast Life and its Reinsurer to Cease Writing in the State – Go Health Pro

South Carolina regulators have ordered Atlantic Coast Life Insurance and its captive reinsurer, Southern Atlantic Re, to stop writing new policies by Tuesday, Dec. 31. The carriers also were ordered to notify all producers about the cease-and-desist directive from the South Carolina Department of Insurance. “We are publishing these orders today as part of our … Read more

SafePoint raises Nature Coast Re 2025-1 cat bond target to $150m-$200m – Go Health Pro

SafePoint raises Nature Coast Re 2025-1 cat bond target to 0m-0m – Go Health Pro

SafePoint Insurance Company has raised the target size for its latest catastrophe bond issuance, with now between $150 million and $200 million of reinsurance protection sought from capital market investors through the Nature Coast Re Ltd. (Series 2025-1) deal, Artemis can report.It means this new Nature Coast Re cat bond could become the equal largest … Read more

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