While market stabilization has continued into 2024, conditions could transition to a firming market later...
Auto, general liability drive insurance rate hikes in Q1
Continued increases in commercial auto liability and general liability rates accelerated insurance rate increases in the first quarter, but rates in other lines moderated or fell,...
Continued increases in commercial auto liability and general liability rates accelerated insurance rate increases in the first quarter, but rates in other lines moderated or fell,...
Article / 11 hours ago
WTW's Drummond: NA clients “trading largely in a buyer's market” with prevalent capacity
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Article / 7 days ago
Rate hikes slow for most lines in April
Commercial insurance rates continued to rise for all major lines except workers compensation last month, but the pace of increases eased for most coverages, according to a report Thursday...
Commercial insurance rates continued to rise for all major lines except workers compensation last month, but the pace of increases eased for most coverages, according to a report Thursday...
Article / 7 days ago
Verita adds new Workers' Compensation solution to its suite of casualty products
This new WC solution complements Verita’s comprehensive casualty offering which already includes General Liability, Auto, and...
This new WC solution complements Verita’s comprehensive casualty offering which already includes General Liability, Auto, and...
Article / 9 days ago
Amazon wrongly denied comp claim for back surgery: Court
A Delaware judge ruled Thursday that Amazon.com Inc. didn't follow proper guidelines when it denied a claim filed by an injured employee....
A Delaware judge ruled Thursday that Amazon.com Inc. didn't follow proper guidelines when it denied a claim filed by an injured employee....
Article / 21 days ago
Florida contractor cited following heat-related death of farmworker
The U.S. Occupational Safety and Health Administration said Monday that it cited a Florida contractor following the September 2023 heat-related death of a sugar cane farm...
The U.S. Occupational Safety and Health Administration said Monday that it cited a Florida contractor following the September 2023 heat-related death of a sugar cane farm...
Article / 1 month ago
P&C Reserving Review 2023: Liability classes remain problematic
Workers' comp releases continue to mask deteriorating reserves in 2023. When we talk about reserves, we often use the cookie jar analogy....
Workers' comp releases continue to mask deteriorating reserves in 2023. When we talk about reserves, we often use the cookie jar analogy....
Article / 1 month ago
Cumulative Trauma Makes Up Half of Litigated Claims in the Los Angeles Area
Claims that involve physical or mental injuries that arise over time from repetitive stress, motion or exposures, also known as cumulative trauma (CT) claims,...
Claims that involve physical or mental injuries that arise over time from repetitive stress, motion or exposures, also known as cumulative trauma (CT) claims,...
Article / 2 months ago
Roosevelt Road Re and Tradesman file RICO suit over alleged fraudulent WC claims
Roosevelt Road Re and its affiliate Tradesman Program Managers have filed a Racketeer Influenced and Corrupt Organizations Act (RICO) lawsuit to recover funds...
Roosevelt Road Re and its affiliate Tradesman Program Managers have filed a Racketeer Influenced and Corrupt Organizations Act (RICO) lawsuit to recover funds...
Article / 2 months ago
Insurance rate hikes accelerate in February
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Article / 2 months ago