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Through Q2 2024, the index is up 10% since 2020. -
Executives said the company continues to shrink its book of business in markets with poor underwriting conditions.
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Plaintiff Ionian has alleged a “fraudulent scheme” under the Rico laws.
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Asbestos claims for exposed insurers could place more pressure on workers’ comp reserves.
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Despite pricing declines, state funds recorded their third year of DWP growth.
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Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
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The lawsuit names additional attorneys, doctors and medical practices.
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Umbrella was the exception, ticking up slightly on the month.
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The highest releases in nearly 15 years challenge conventional wisdom on reserving.
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States are grappling with first responder claims litigation as some move to expand presumptions to more worker types.
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The complaints are the first effort to crack down on existing suspicions.
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The report also noted that 35% of injuries occurred during an employee’s first year.
