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Top concerns also included medical cost inflation and employee benefit costs. -
Pockets in the business are still experiencing significant stress, she added.
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July and August floods and fires caused the bulk of the insured loss burden.
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Insurance Insider US chats with Kevin Doyle on the state of the E&S market during WSIA.
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The carrier’s initial casualty offering will be wholesale-only, the executive said.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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The system is forming in the same area as 2022’s Hurricane Ian.
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The executive has also served as agriculture reinsurance VP at Navigators.
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The executive joins Selective after 19 years at Progressive.
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A quick roundup of today’s need-to-know news, including Accelerant’s IPO, Monarch and the US Cyber Loss index.
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The move comes amid improving conditions in the IPO market for insurance companies.
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Coverage options will extend up to $5mn.
