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On a call with analysts, Lindner said AFG is assuming commercial auto liability loss cost trends at 7%.
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Former Embroker COO Julie Zimmer has joined the leadership team as CEO as part of the fundraise.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The commercial trucking insurer is now available in 27 states for its auto liability coverage.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Casualty underwriters were taking a “conservative and selective approach” with high-risk categories and accounts with poorer loss histories.
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Inside P&C’s news team runs you through the key highlights of the week.
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Sources expect rates to increase in the mid-high single-digit range through at least 2023, closer to 15% to 25% for higher risks.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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August’s overall consumer price index edged up 0.1 points, after no change in the prior month.
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Used car prices in August fell further, down 4% from July, according to auction house Manheim’s monthly market report.