Rates

So far, there have been minimal claims related to telemedicine, but industry players are closely tracking it as a key concern in the medmal space.

Commercial auto, hospitality, public entity and higher ed are among the sectors seeing continued rate hikes and limited capacity, according to CRC Group.

Following his promotion, Hippo’s new CEO discussed InsurTech public market conditions, the funding environment for private companies, inflationary pressures and loss ratios.

The medical care index increased 0.4% month over month (in line with April's increase) and 4% versus May 2021.

Inside P&C’s news team runs you through the key developments from the past week.

Month over month, rates were up across business owners’ policy, general liability, commercial property and workers’ comp.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Around 16% of the wholesaler’s accounts absorbed rate rises above 20% in March and the other 31% saw rate increases between 10% and 19%.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

A reduction in incidents linked to better resilience and the Ukraine war may temper cyber price increases, the broker said.

The report, which covers a range of lines of business, also notes that D&O is continuing to trend towards a buyer’s market.

Rising severity, along with rebounding frequency, across personal lines is among the most acute challenges for the coming months.