US winter storm losses likely to exceed $10bn: AIR
The modeller said it is “likely” that the number of claims could exceed the high of Hurricane Harvey in 2017.
ProAssurance: Medmal – Never say never again?
The med-mal specialist’s results served as a memo to the state of the industry facing a plethora of challenges.
CIAB Q4: The pricing cycle is dead, long live the cycle!
Rates across all account sizes and most lines of business decelerated in the fourth quarter.
Progressive: Frequency benefits on the decline?
The insurer reported 4.2pts of unfavorable development from December based on late reported claims.
AIG: Make AIG great again, again
On its fourth quarter call, AIG management shared it received “quality” interest from parties willing to acquire a minority interest in its life and retirement business.
Texas winter storm: Claim severity the ‘$18bn question’
The claims toll is likely to be exacerbated by loss amplification from a shortage of contractors and demand surge.
Workers’ comp: All good things must come to an end
Comp is a line where prices continue to soften on the back of favorable loss trends and elevated competition.
Progressive-Protective: A headscratcher of a deal
Does the commercial auto specialist offer its acquirer any key differentiation?