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The company is seeking to promote growth in its US excess casualty book. -
Excess/umbrella liability and commercial auto broke the trend with high price increases, however.
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Executives see earnings benefits from workers’ comp beginning to diminish.
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The executive joined the Bancolombia-owned insurer as CEO in early 2020.
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The industry needs to find a way to rebalance power dynamics.
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The executive is returning to Tysers after nearly four years at Price Forbes.
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Workers' comp continued to offset GL adverse development, but the bucket is running dry.
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Approximately 12% to 13% of Skyward’s premium was in commercial auto in Q4.
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In the absence of interim action, the segment could face an “availability crisis”.
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Big tort reform packages are on the table, but California steals the show, for now.
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Frequency has rebounded, while severity has spiked beyond the pre-Covid-19 years.
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The executive joined the firm in early 2023 after 10+ years at Aon.
