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California homeowners are also expected to move admitted business to E&S. -
In casualty, getting significant blocks of capacity remains a major challenge.
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As the industry gathers in Chicago, Insurance Insider US reviews key discussion points.
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The Lone Star State has seen rapidly increasing rates in recent years.
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The only major product line to see rate increases was casualty.
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In a post on LinkedIn, Steve Arora said investor appetite “just wasn’t there”.
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Rates for umbrella accelerated to 9.26%, from 8.76% in Q4 2024.
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The specialty insurance platform has now exceeded $3.1bn in premiums.
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The insurer's professional liability reinsurance book shrank by around 25%.
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He will replace Scott Lee, who is retiring after 40 years in claims.
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After seven years of premium rate growth, rates are down 5% to 40% across the US.
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Despite positive inflation headlines, there are issues for insurers under the surface.
