The Hartford
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Carriers expressed confidence on the line’s ability to withstand medical inflation.
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Commercial carrier earnings continue to show mixed prior-year development.
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Commercial property pricing rose 11%, while personal auto grew 21.9%.
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Insurance Insider US runs you through the earnings results for the day.
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The insurer said it will continue to renew existing homeowners’ business.
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The commercial lines market is generally rational and disciplined, the CEO told analysts at the Goldman Sachs 2023 US Financial Services Conference.
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Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
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In tandem, the carrier announced that Stephanie Bush, who leads small commercial and personal lines, will retire after more than three decades with the company.
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The Hartford is "starting a conversation” about complex risks and possible solutions with its Risk Monitor Report 2023, the executive said.
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Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
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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 carrier’s Spectrum property business grew 13%, general property in the middle market segment was up 13% as well, and large property grew 16%.
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