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Commercial property was at 10.30%, down from 10.67% in December. -
The executive will split his time between San Francisco and New York.
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The Manheim Used Vehicle Value Index dropped 9.2% year-on-year, to 204.0.
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Intact Ventures, Era Ventures, Greenlight Re and Spark Capital also participated.
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At market close, WTW shares were up almost $18.
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Laura Johnson most recently served as head of E&S primary casualty.
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Laxner has prior experience at Ambridge, Converge, Axis, Markel and Chubb.
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He joins Fairmatic’s executive team to lead new product production.
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Commercial carrier earnings continue to show mixed prior-year development.
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The pace of price decreases has eased since Q2 last year.
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The index’s 2023 peak was Q2, when rates increased 19%.
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Last year, this publication revealed that TPA SCM and Rimkus launched sales processes.
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