Average of £1.13 million paid out every hour in motor claims last year....
What Industry Executives Are Saying About Loss Reserves and Social Inflation
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
Article / 26 days ago
Commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 months ago
Insider US in Full: Q4 earnings preview: Could this be a kitchen sink quarter?
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
Article / 3 months ago
Commercial insurance rates increase 3.2% in Q3: MarketScout
Commercial insurance rates rose 3.2% in aggregate during the third quarter, compared with 5% in the second quarter, according to a report Tuesday from...
Commercial insurance rates rose 3.2% in aggregate during the third quarter, compared with 5% in the second quarter, according to a report Tuesday from...
Article / 6 months ago
US Commercial Insurance Revenue Growth, Profits to Moderate in 2023
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable...
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable...
PR / 11 months ago
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 / 11 months ago
Complete Submissions Matter!
Complete submission information up front can help avoid delays, expedite the quoting process, and increase our chance of success....
Complete submission information up front can help avoid delays, expedite the quoting process, and increase our chance of success....
Article / 1 year ago
Insurance Marketplace Realities 2023
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Article / 1 year ago
Bishopsgate hires Conor Geraghty to build international reach
Conor will report to Bishopsgate CEO Graham Kilby, initially focusing on the Republic of Ireland and Australasia, with ambitions to...
Conor will report to Bishopsgate CEO Graham Kilby, initially focusing on the Republic of Ireland and Australasia, with ambitions to...
Article / 2 years ago
Mercedes-Benz settles Canadian class action on diesel emissions for $243 million - Medicine Hat News
Law firm Koskie Minsky LLP says Daimler AG and North American Mercedes-Benz subsidiaries have agreed to pay $243 million to settle a class-action lawsuit with the owners of 83,000 diesel...
Law firm Koskie Minsky LLP says Daimler AG and North American Mercedes-Benz subsidiaries have agreed to pay $243 million to settle a class-action lawsuit with the owners of 83,000 diesel...
medicinehatnews.com /
Article / 2 years ago