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US commercial insurance pricing increased by 4 percent in the second quarter, according to the broker. -
Derivative actions and social inflation have created a significant uptick in claims activity.
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Daly has joined a new broking and investment banking platform recently launched by Cobbs Allen.
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Ariel Duris said heavy regulation means the industry submits fewer claims than other sectors.
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The changes come as regulators target more individual directors with enforcement action.
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With increased signs across the P&C market of emerging pockets of dislocation, Directors’ and Officers’ (D&O) insurance appears to be one of the markets outside of E&S where the stress is becoming most pronounced.
