Commercial E&S
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Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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WSIA members also elected RT Specialty president Brenda (Ballard) Austenfeld vice president and Axis wholesale CEO Carlton Maner as secretary.
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The new CEO is perpetuating what has worked in his predecessor’s strategy and refining certain elements.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The insurer will continue growing via M&A and is looking for $50mn-$500mn specialty businesses with strong leadership to expand its portfolio.
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Program insurer Fortegra has sealed a deal to provide underwriting capacity to the new specialty MGA Adlaur.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Premium bearing transactions increased 6.9% to 5.6 million compared with 2021 totals in the states with surplus lines stamping offices.
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The executive joins the firm after stints at Markel, Chas. Lunsford Sons & Associates, and Colony Insurance.
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The firm’s flattening rates and favorable reserve development provide a read-through for commercial insurers.
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The firm’s strategy to consolidate trading relationships faces fundamental, cyclical and company-specific challenges.