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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The average increase in commercial property premiums was 20.4% during the quarter due to inflation, natural catastrophes and persisting supply chain issues.
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The executive said IGI is seeing similar trends in treaty rate renewals during the second quarter of the year.
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Strong results reflect tailwinds in the E&S space, but social inflation will be a trend to watch.
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Used car and truck prices declined 6.6% year on year in April, while new vehicle prices rose 5.4% in the same period.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Premium renewal rate increases for most commercial lines of business tracked by Ivans pricing data accelerated in April month on month, except workers' compensation.
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Client fatigue has transitioned to frustration as buyers face a hard commercial property market and inconsistency of coverage.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Personal lines rates ticked up in April compared to the prior month as insurers try to stay ahead of rising loss costs.
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Though strong growth continues, the future is less clear as driving forces potentially run out of steam.
