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A district court judge had dismissed the case in September, with prejudice. -
Several lines had price decreases, while growth in most sectors slowed from previous quarters.
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Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
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A favorable nine months for the industry does not solve its underlying problems.
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Loss ratios in troubled casualty lines ticked down year-over-year despite worsening loss costs.
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The company has now posted rate increases for 37 consecutive quarters.
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Tompkins Insurance is a subsidiary of Tompkins Financial Corporation.
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Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
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Workers’ comp rates dropped again, but the decline slowed from last quarter.
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Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.
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Fronting doesn’t look any better when it’s broken down by segment.
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It is understood around $1bn of premiums could be ceded to the proposed vehicle.
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