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The all-items CPI increased 3% year-over-year, down from 3.3% in May. -
The standard is a ‘step forward’, but cross-company comparisons are difficult.
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The groups highlighted technical hurdles to implementation at a Wednesday hearing.
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The Bermuda courts will assess Onex’s lower, revised offer for the fronting unit.
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In high-capacity, global E&S property, London has continued to be aggressive.
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Commercial and residential carriers have different requirements.
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The all-items CPI has increased 3.3% over the last 12 months.
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The long-term issuer credit rating on Fairfax Financial Holdings was revised to BBB+ from BBB.
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Excess capacity rebounded in June 2023 after hitting a decade-low just 12 months earlier.
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Regulatory compliance risks were listed as the third-greatest concern.
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Of that total, $312.5mn was allocated to resolve the PFAS claims.
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Ten companies have filed a 0% increase and at least eight companies have filed a rate decrease to take effect in 2024.
