Claims trends
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Kemper and Selective’s woes stem partly from own issues, but industry-level issues persist. -
Many nuclear verdicts become much less radioactive on appeal.
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The global insurer will need to convince investors on the quality of the book.
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The global insurer will pick up a $650mn portfolio of US casualty business.
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The company and its main debt provider Ares agreed to relax its debt terms in April.
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The protection covers the US insurance book for the 2024 and prior accident years.
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Sexual abuse and molestation exclusions are starting to hold in higher layers of hospital towers this year.
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The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
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The company saw a 53% decrease in cyber claims after a surge in 2024.
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The executive said the claims industry is going to “be transformed”.
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Social inflation, reserving, and organic growth are the topics to watch this earnings season.
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The investigation follows several civil racketeering cases filed by Tradesman based on similar facts.
