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But auto insurance is still a ‘hot-button’ item for carriers.
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Headwinds weigh on carrier results, but premiums and surplus remain mostly stable.
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Glatfelter CEO Chris Flatt will become interim chief executive.
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Catch up with the latest developments in this rapidly growing segment.
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This publication revealed Chubb was planning to re-enter the London TL market.
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Cycle management is key to the long-term success of any start-up carrier.
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He joins from Odyssey Re, where he was treaty underwriting VP.
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The homeowners' CoR fell over 32 points sequentially to 75.8%.
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WTW said adverse development “is evident” in auto liability lines from 2015 to present.
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AM Best then withdrew its ratings at the company’s request.
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It follows Las Vegas intermediary Insurvia, which launched an auction last year.
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After the 2007-17 decade of “bad underwriting” carriers are recovering from “past sins”.