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This is the first rate filing to use the recently approved Verisk model.
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The executive was previously Navigators’ head of excess casualty.
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The company was hit with a data breach on July 16.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Despite mild headline CPI, some insurance-related items are heading in a worrying direction.
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Third Point purchased 50,000 shares of the E&S insurer, which represents roughly 0.1% of its shares outstanding.
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The move is a retaliation to Howden’s US retail launch.
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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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Commercial lines rate increases continued to increase, except from workers’ comp.
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Sales velocity ticked up to 12.2% in Q2 but has remained steady in the past five years.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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The CEO said the carrier will prioritise margin over top-line growth.