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Trends leading into 2025 may indicate workers’ comp releases have peaked. -
The executive has also worked for AIG and Ace.
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Supply generally exceeded demand and trading relationships were strong, CEO Tom Wakefield said.
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In property, Canada, Central and Eastern Europe and UAE renewals were impacted by losses.
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California’s crisis spurred the biggest reforms in decades.
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The new, publicly listed specialty program group will be led by Luke Ledbetter.
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A look back at the stories that defined the year in P&C for 2024.
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The program was developed in collaboration with Allianz Commercial.
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The P&C industry had a rude awakening as fresh claims data came rolling in post-pandemic.
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Danielle Harrison will become SVP, division manager, and Laurel Rudnick will be SVP, CUO.
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Overall, the “Golden Age” of E&S continues, but with a few new caveats, such as moderation in property pricing.
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A separate Senate report found climate change is also increasing non-renewals.
