-
In 2023, the segment had its best direct loss ratio in nearly a decade at 50.8%. -
The new offering is an admitted product for SMBs and non-profits.
-
Loss picks for other liability are at a 23-year high, but that still may not be enough.
-
As the industry gathers in San Diego, these are the key discussion points.
-
Rooker joined the Texas brokerage in 1999, while Schramm joins from CNA.
-
Michael Smith is a former mortgage broker.
-
The policy offering expands third-party liability coverage and wage and hour liability.
-
Prices for programs that renewed in both Q1 2023 and Q1 2024 decreased 15%.
-
The hire comes after the company’s recent rebrand from Capitola Insurance.
-
The executive has been with Zurich since 2018.
-
The plaintiffs – three former claims adjusters – were each awarded $25mn in punitive damages.
-
The US regulator faces litigation from both sides of the climate issue.
