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While the alleged fraud is shocking, could it suggest the industry is under-investing in claims? -
The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
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The industry posted another strong quarter, but casualty reserves remain problematic.
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The complaints are the first effort to crack down on existing suspicions.
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Commissioner Andrew Mais said AI is also a priority for regulators.
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Now in its fourth year, the awards ceremony will be held on September 19 at 583 Park Avenue.
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Investor skepticism visible in stock prices and short interest data over first half of 2024.
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Reserve releases in workers' comp may have been premature despite industry confidence.
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An “above average” hurricane season could spell disaster, but forecasts are not gospel.
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Analysis of company performance post-IPO shows varying trajectories over time
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The discrepancy between rising claim counts and favorable reserves is cause for concern.
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Industry trends show the Axis book value growth goal may be hard to hit.
