One of the notable societal changes over recent years is the development of the desire to “stick it to th...
Inside in Full: Is a social inflation tsunami on the horizon?
One of the notable societal changes over recent years is the development of the desire to “stick it to the man” when it comes to jury awards...
One of the notable societal changes over recent years is the development of the desire to “stick it to the man” when it comes to jury awards...
Article / 10 days ago
Auto headline CPI cooling as premium continues to surge
Last week on Allstate's earnings conference call, CEO Tom Wilson spoke of inflation numbers affecting Allstate's business as being separate from the overall CPI numbers that grab headlines...
Last week on Allstate's earnings conference call, CEO Tom Wilson spoke of inflation numbers affecting Allstate's business as being separate from the overall CPI numbers that grab headlines...
Article / 20 days ago
Inside in Full: Q1 earnings themes: Cat losses, property hardening, auto malaise
Higher-than-expected cat losses, a significant hardening of the property market and ongoing loss cost challenges in the personal auto space have all been features of Q1 conference calls for carriers so far this earnings season.
Higher-than-expected cat losses, a significant hardening of the property market and ongoing loss cost challenges in the personal auto space have all been features of Q1 conference calls for carriers so far this earnings season.
Article / 24 days ago
Root's Q1 auto policies in force down 40% amid cost-cutting efforts
Root's auto policies in force shrunk 40.4% year-on-year to 199,685 in the first quarter of 2023, as the company continues its cost-cutting efforts....
Root's auto policies in force shrunk 40.4% year-on-year to 199,685 in the first quarter of 2023, as the company continues its cost-cutting efforts....
Article / 28 days ago
Inside in Full: Nuclear verdict fears lead to caution as excess casualty rate rises taper
Rate increases have tapered in the excess casualty space but carriers are not aggressively expanding capacity deployment, as concerns over social inflation are sustaining a “healthy amount of caution” among underwriters, according to sources canvassed by Inside P&C...
Rate increases have tapered in the excess casualty space but carriers are not aggressively expanding capacity deployment, as concerns over social inflation are sustaining a “healthy amount of caution” among underwriters, according to sources canvassed by Inside P&C...
Article / 1 month ago
Inside in Full: Q1 earnings preview: Are we there yet?
In his 2005 film about a family road trip, Ice Cube, playing the protagonist, is stuck in an SUV with two pretentious children and their mother who he seeks to impress...
In his 2005 film about a family road trip, Ice Cube, playing the protagonist, is stuck in an SUV with two pretentious children and their mother who he seeks to impress...
Article / 1 month ago
InsurTech Buckle substantially reduces staff, shrinks operations
InsurTech Buckle has substantially shrunk its workforce following the departure of former CEO Marty Young in January, this publication has learned....
InsurTech Buckle has substantially shrunk its workforce following the departure of former CEO Marty Young in January, this publication has learned....
Article / 2 months ago
February auto insurance price increase moderates to 14.5%
The annual price increase for motor vehicle insurance in February inched down slightly to 14.5% from 14.7% the prior month, as the all-items Consumer Price Index (CPI) slightly moderated to...
The annual price increase for motor vehicle insurance in February inched down slightly to 14.5% from 14.7% the prior month, as the all-items Consumer Price Index (CPI) slightly moderated to...
Article / 3 months ago
The race between auto loss costs and rate adequacy continues in 2023
For a commodity insurance product such as personal auto, there's a high level of price elasticity....
For a commodity insurance product such as personal auto, there's a high level of price elasticity....
Article / 3 months ago
Tesla investor day, insurance, and the promise of embedded solutions
Tesla commands a lot of attention given its ambitious goals and the vast amounts of capital flowing into the company. And when it increases its footprint in...
Tesla commands a lot of attention given its ambitious goals and the vast amounts of capital flowing into the company. And when it increases its footprint in...
Article / 3 months ago
