Claims trends
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The company and its main debt provider Ares agreed to relax its debt terms in April. -
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.
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Early adopters of AI will see efficiencies – and likely increased market share, Kantar said.
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The exec said the feds have been given data to potentially pursue criminal charges.
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Coverage has broadened while limits have increased, the broker said.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
