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Insurance Insider US explores the economics of the lift-out growth strategy. -
After seven years of premium rate growth, rates are down 5% to 40% across the US.
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The larger awards over the past two years could serve as an anchor for future verdicts.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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The costs of accident/casualty-related claims continue to rise.
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The amount of change over the past year falls short versus the discourse.
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There is a long waiting list of carriers looking to pull the IPO trigger, but market conditions remain tough.
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The agency collects gold standard data and conducts research. Without that, there’s more uncertainty.
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There were no signs of deceleration in claims and insurance services M&A during February.
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Big tort reform packages are on the table, but California steals the show, for now.
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Frequency has rebounded, while severity has spiked beyond the pre-Covid-19 years.
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Insureds, however, are often reinvesting savings into purchasing increased limit.
