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Inflation, tariffs and climate change are all making for an uncertain 2025.
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ProAssurance brands will be transitioned to The Doctors Company in "all/most markets" over time.
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Markel had announced the exit from the line of business in the US last year.
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The market is up against emerging risks and a whole heap of uncertainty.
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At the PLUS D&O symposium, executives raised concerns over tariffs and the role of reinsurance.
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D&O liability premiums have declined by double digits in seven of the last eight quarters.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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Cyber premiums dropped 1.8%, while commercial auto was up 8.9%.
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The broker said clients could expect to see double-digit rate decreases this year.
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The suit accuses CEO Brian Cornell and other Target executives.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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The average change for primary policies with the same limit and deductible was a 3.5% decrease.