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Executives have said that the carrier’s conservative reinsurance program made losses sustainable.
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The law takes effect January 1.
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A jury found the retailer defamed a former driver with false claims of workers’ compensation fraud.
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Through Q2 2024, the index is up 10% since 2020.
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Executives said the company continues to shrink its book of business in markets with poor underwriting conditions.
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Plaintiff Ionian has alleged a “fraudulent scheme” under the Rico laws.
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Asbestos claims for exposed insurers could place more pressure on workers’ comp reserves.
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Despite pricing declines, state funds recorded their third year of DWP growth.
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Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
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The lawsuit names additional attorneys, doctors and medical practices.
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Umbrella was the exception, ticking up slightly on the month.
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The highest releases in nearly 15 years challenge conventional wisdom on reserving.