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The industry could weather a recession, unless loss costs and reserving pressures worsen.
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James River will also oppose a Fleming motion to uncover additional documents.
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However, the market is still struggling with excess capacity and low demand.
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Commercial liability and commercial property continue to dominate.
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The report also noted that 35% of injuries occurred during an employee’s first year.
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Regionals may be particularly vulnerable to problematic loss cost trends and volatile cat losses.
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Dellwood claims allegations in AIG’s latest filing are still barred by res judicata.
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The executive said the company remains optimistic about small commercial, where NWP grew 8.5% in Q2.
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Walsh is currently co-president of the northeast region.
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The top three states averaged a 14% YoY gain, compared to June’s 3.3%.
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Securities class actions are a perennial source of claims for D&O insurers.
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As property momentum slows, personal lines excess and surplus could start outperforming.