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Average premiums rose 5.8% across all major lines, roughly flat from 5.7% in Q4.
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The CEO said he is “optimistic” about the future of the commercial space.
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The executive announced last month that he was leaving Parsyl, where he had worked since 2021.
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Beazley has tapped Melissa Carmichael as head of US cyber, effective immediately.
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Expense ratios modestly increase for commercial but continue to decline for personal lines.
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The CEO is one of more than 20 executives who received letters from Floir citing Statute 624.4073.
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The segment’s accident year 2023 combined ratio moved up 1 point to 98% in 2023.
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The all-items CPI has increased 3.4% over the last 12 months.
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An overview of Q1 earnings shows upsides, but also plenty of concerns going into the rest of 2024.
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Rina Visconti is joining the firm’s national casualty practice after 27 years at CRC.
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Farmers cited “positive changes” in the state's commercial insurance market.
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The executive succeeds Rick Miller, who passed away last month at age 62.