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Top Stories / Ad / Most Recent
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Light cat losses, reserve development, and pricing trends are key topics in Q1.
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Some carriers may be pressing too hard on reserve releases from recent years.
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2024 is likely to be another challenging year for the industry, and commercial in particular, though improvement in personal lines may soften the blow.
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The outlooks on IMT Insurance Company and its affiliate, Wadena Insurance Company – both domiciled in West Des Moines, Iowa, and collectively referred to as IMT Insurance Companies – were downgraded to negative.
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The bill removes a previous Farm Bill requirement mandating that carriers purchase unlimited catastrophic reinsurance. Instead, companies can purchase “adequate” catastrophic reinsurance.
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There’s a “willingness of respect” from reinsurers regarding how the shock of dramatic price increases can put regional and mutual carriers under a lot of pressure, said Greg Moore.
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HDI Global has agreed to acquire Indiana Lumbermens, a subsidiary of Pennsylvania Lumbermens Mutual.
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Pricing, reserves and uneven catastrophe losses will be the theme this quarter.
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Shifting economic winds make growth plays more attractive, causing insurer stock performance to lag though short interest remains flat.
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Inside P&C’s news team runs you through the key highlights of the week.
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Pricing, catastrophes and rising costs are headwinds for this quarter’s insurer results, but brokers should be buoyed by continued inflation.
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Personal lines underperform predictions, while brokers and InsurTechs are a positive surprise (for now).
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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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The regional cohort keeps pace with nationals on pricing, and stays ahead on reserving trends.
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Although 2022 was on balance, a good year, macro-economic issues such as a slowing economy, falling employment, and loss cost reversion could create an overhang for 2023.
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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 regionals continue to find success in small and middle market business, as their pivot to a commercial focus has benefitted them.
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Hurricane Ian, interest rate impact and the cooling economy will be the main themes this earnings season.
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The rate increase was attributed to increased reinsurance costs during this year’s hurricane season.
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With pricing decelerating and loss-cost trends potentially reversing, regionals should continue to execute on their present strategy.
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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 firm’s specialty pivot seems to be paying off in premium growth and value creation.
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The transfer comes a day after FedNat transferred majority ownership of Monarch to Hale Group.
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