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Expansion of the middle-market book is an ongoing focus. -
The industry could weather a recession, unless loss costs and reserving pressures worsen.
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However, the market is still struggling with excess capacity and low demand.
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Securities class actions are a perennial source of claims for D&O insurers.
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Q2 was the ninth consecutive quarter of year-over-year price decreases.
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Pearce brings 25 years of experience with a background in the A&E sector.
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In 2023, the segment had its best direct loss ratio in nearly a decade at 50.8%.
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The new offering is an admitted product for SMBs and non-profits.
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Loss picks for other liability are at a 23-year high, but that still may not be enough.
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As the industry gathers in San Diego, these are the key discussion points.
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Rooker joined the Texas brokerage in 1999, while Schramm joins from CNA.
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The new suite of coverages is designed to meet the unique needs of healthcare organizations.
