Rates
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Even clean accounts in the admitted space are seeing rate increases of 15% year on year, while loss-hit accounts in Florida were slapped with a 100% rate increase for June 1.
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Continuing rises in loss frequency and severity plus a difficult regulatory framework make the situation in California highly challenging for carriers.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Early private deals have provided far more stability in this year’s renewal than last.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The average increase in commercial property premiums was 20.4% during the quarter due to inflation, natural catastrophes and persisting supply chain issues.
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The executive said IGI is seeing similar trends in treaty rate renewals during the second quarter of the year.
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Strong results reflect tailwinds in the E&S space, but social inflation will be a trend to watch.
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Used car and truck prices declined 6.6% year on year in April, while new vehicle prices rose 5.4% in the same period.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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