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Third-quarter statutory data reveals premium growth, worsening loss ratio because of increased loss cost trends and Hurricane Ian.
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The pandemic was “not a significant loss driver” for most industry segments as of late 2021, the report read.
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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 CEO’s comments follow yesterday’s Q3 earnings report, in which the carrier’s GWP grew 24% year-on-year, accelerating for the third consecutive quarter.
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The firm reported better than anticipated earnings factoring in Ian, but a slowing economy could cloud the outlook.
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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 multi-year smooth cycle may face disruption from factors like the great reshuffle, inflation and long-lasting health impact of Covid-19, according to its latest report.
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Small businesses and accountants can obtain insurance quotes and bind coverage without leaving their QuickBooks account.
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The Hartford has reduced the share of workers’ comp in its portfolio by nearly 16 points over the last five years.
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Rising wages, particularly in leisure and hospitality, are offsetting the effects of rate slippage, Employers says.
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The workers’ compensation specialist saw premium growth in both its traditional and digital lines.
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Danny Engell will serve as chief underwriting and analytics officer, succeeding Mark Barba who retired in June.