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The new venture streamlines underwriting by scraping data on liquor license violations. -
The move comes after a reserve strengthening and commercial liability moratorium imposed during the first quarter of this year.
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The insurance company is opposing the Scouts’ bid to move the case to a local county court.
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The Citibank-run sale process attracted interest from The Hanover.
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Willis Re’s latest renewal report highlights how the casualty reinsurance pricing is improving while the market contends with some of the reserving sins of the past.
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The casino giant says it is at risk of “losing valuable witnesses and attorneys” in legal battles with more than 4,000 claimants.
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Improvement in underwriting profitability in 2019 will be followed by “modest deterioration” over the next four years, according to a new report.
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New bodily injury litigation is an underwriting opportunity for the liability market, Shah said.
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Chubb’s report comes amid growing outcry among D&O insurance providers over event-driven securities lawsuits.
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The building on Manhattan’s Seventh Avenue is home to financial services firms and law firm Willkie Farr & Gallagher.
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The group will start by underwriting property, casualty, executive and professional lines.
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“Green shoots” of rate firming spur hopes of further gains.
