Employers CEO: New business writings in California drives up Q4 GWP
Employers Holdings CEO Kathy Antonello credited new business writings in California, along with audit premium recognition and appetite expansion, for a 15% increase in gross written premiums (GWP) in Q4.
“We reduced rates in California effective February 1,” Antonello said during the company’s call to discuss results. “And so that combination of lower rates and appetite expansion and the lower restrictions on business has increased our California submissions, quotes...
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