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Morgan Stanley first invested in Cover Whale in May 2024 with structured debt.
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The executive said the claims industry is going to “be transformed”.
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Rising inflation could raise claims severity but also increase investment income.
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All lines except workers’ comp are up year over year, however.
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Under the new law, vehicles will only be required to carry $100,000 in PIP per person.
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Premium rose across the top 15 P&C risks in 2024.
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Early adopters of AI will see efficiencies – and likely increased market share, Kantar said.
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Tariffs could drive up property loss costs, but the impact on other items has been muted.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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Rates need to be fair but also should not be “destructive of competition”.
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The suit, filed in Florida federal court, is Uber’s second Rico case.
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The former Hub executive has over 30 years of experience in transportation.