-
Valor Equity led the raise, which included Lightspeed and General Catalyst. -
Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
-
Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
-
He served as SVP of transportation at ISC since mid-2024.
-
Several lines had price decreases, while growth in most sectors slowed from previous quarters.
-
The trucking carrier has been building out its executive team this year.
-
The change was made on December 2 and was effective immediately.
-
Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
-
Only GL and workers’ comp had renewal rate increases compared to Q2.
-
The subsegment is the latest commercial auto sector to feel the heat of litigation losses.
-
Loss ratios in troubled casualty lines ticked down year-over-year despite worsening loss costs.
-
Kemper and Selective’s woes stem partly from own issues, but industry-level issues persist.
-
Workers’ compensation was the only line that saw a YoY decrease.
-
The reserve strengthening stemmed from bodily injury and defense costs for accident years 2023 and prior.
-
Success in the soft market will be had when careful preparation meets opportunity.
-
Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
-
Workers’ comp rates dropped again, but the decline slowed from last quarter.
-
Selective’s CEO earlier attributed Q3 adverse development to the NJ market.
-
By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.
-
The decision impacts 5% of the reinsurer’s North America P&C facultative premiums.
-
Joseph Lacher will step down as president and CEO and resign from the board.
-
Fronting doesn’t look any better when it’s broken down by segment.
-
The jump in the latest estimate could be due to damage to seasonal properties only being recently discovered.
-
While the Fed is more concerned with jobs, other macroeconomic concerns trouble the industry.
Most Recent
