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Premium inflation holds, as loss-cost inflation trends continue to moderate. -
Marsh Specialty has released its Political Risk Report 2024.
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Other liability adverse development is being offset by workers' compensation releases.
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A January freeze saw temps drop to close to -50°F.
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The CPI all items index was at 3.2%, from 3.1% in January.
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Twin Maples is expected to make its market debut in the next few months.
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Commercial lines difficulties continue to weigh down industry results.
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The firm hired Kami LaBerge and Egbert van der Graaff.
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The deal adds to Aspen’s existing support of the InsurTech in the UK and Canada.
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The agency cited the InsurTech’s material underwriting losses in 2023.
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Bridge Specialty president Boyd and RT director Dawson join board.
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Many carriers’ views on cyber are mixed, the agency said.
