Personal auto
-
The carrier is also targeting E&S growth in property brokerage and global specialty. -
Concern about vague cat modeling language was a theme at a Tuesday workshop.
-
Commercial lines will remain bifurcated, with strong growth in property and weak growth in liability.
-
Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
-
Light cat losses, reserve development, and pricing trends are key topics in Q1.
-
Workers’ comp releases continue to mask deteriorating reserves in 2023.
-
This compared to a 20.6% YoY increase for February and January.
-
He will manage the region’s sales and service teams.
-
The company has retained Tony Ursano’s IAP for the raise.
-
Mutuals struggle to react and adapt to a worsening loss environment.
-
The downgrade reflects the company’s balance sheet strength, which AM Best assessed as weak.
-
Headwinds weigh on carrier results, but premiums and surplus remain mostly stable.
Related
-
Liberty Mutual’s Safeco brand to be retired
March 05, 2025 -
Activist hedge fund Trian halves remaining Allstate stake
February 19, 2025 -
Florida auto, homeowners’ markets seeing relief post-reform: DeSantis
February 07, 2025 -
State Farm has paid out nearly $500mn on California wildfire claims
January 27, 2025