Travelers
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Excessive litigation costs and continued losses threaten the Sunshine state’s market. -
Shareholders also narrowly voted against a proposal relating to a third-party racial equity audit.
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Insurers could face pressure if interest rate and recession fears intersect with worsening loss cost trends.
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Inside P&C’s news team runs you through the key developments from 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 commercial lines bellwether reported positive quarterly earnings, but challenges may still be ahead.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The firm took $175mn of qualifying losses as cat claims dropped notably from last year’s Uri-impacted quarter.
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Management remained cautious about the loss cost environment during the company’s Q1 2022 earnings call as the Ukraine-Russia conflict rages on top of domestic exposures.
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The underlying combined ratio in its personal lines segment increased by 7 points as the supply chain crisis bites.
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March’s CPI report shows elevated inflation levels, including vehicle CPI of 10.5% and average used car price increase of 24.7%.
Most Recent
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Florida Citizens rate-increase requests not met
June 29, 2022 -
Woodruff Sawyer’s Nomadx launches trustee liability MGA
June 29, 2022
