Personal auto
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Longstanding investor Stone Point will continue as a partner and board member. -
US SCS insured losses YTD already stood at around $12bn prior to these events.
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Flash floods moved into Texas overnight and into the lower Mississippi Valley Monday.
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The carrier is also targeting E&S growth in property brokerage and global specialty.
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Concern about vague cat modeling language was a theme at a Tuesday workshop.
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Commercial lines will remain bifurcated, with strong growth in property and weak growth in liability.
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Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
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Light cat losses, reserve development, and pricing trends are key topics in Q1.
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Workers’ comp releases continue to mask deteriorating reserves in 2023.
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This compared to a 20.6% YoY increase for February and January.
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He will manage the region’s sales and service teams.
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The company has retained Tony Ursano’s IAP for the raise.
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