ProAssurance Q2 CoR improves by 5.8pts as NorCal integration moves forward
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

ProAssurance Q2 CoR improves by 5.8pts as NorCal integration moves forward

ProAssurance logo birmingham alabama.jpg

ProAssurance Group CEO Ned Rand has said that his company is seeing a greater impact from social inflation than economic inflation right now, and as a result, the company is maintaining its cautious approach to reserving.

While the Birmingham, Alabama-based specialty insurer recognizes the rising economic inflation, Rand told analysts during the company’s 2Q conference call that “jury behavior and social inflation have a larger impact on our lost costs.”

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article