Commercial E&S
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Stephen Buonpane will lead the division, with Danielle Stewart as COO.
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James River will also oppose a Fleming motion to uncover additional documents.
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Commercial liability and commercial property continue to dominate.
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Dellwood claims allegations in AIG’s latest filing are still barred by res judicata.
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The top three states averaged a 14% YoY gain, compared to June’s 3.3%.
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As property momentum slows, personal lines excess and surplus could start outperforming.
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The CEO estimated that the loss trend is running in the high 5% range, slightly below the carrier’s rate increase.
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The arrangement enables PCS to expedite growth.
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Axa's newly formed teams join the company's "complex cyber" unit.
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Executives flagged elevated packaged auto loss activity in Q2.
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For many, it could be a “wake-up call” to the systematic exposures inherent in cyber.
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Average rate increases went to 5.6% in June 2024 from 28.2% in June 2023 .
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