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The new 2022 stat data shows personal lines premium has grown year-over-year, but the loss ratios have been hit hard by catastrophes and loss cost inflation.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Texas Department of Insurance is not expected to conclude its revision and approve the filing before Q3.
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The company added that it currently has less than $7,000 in cash at SVB.
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2022 statutory data is now available, and results show winners and losers
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Sentiment scores across US P&C segments dropped sequentially in Q4, though InsurTechs bucked the trend.
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Rate action for personal auto insurers has been increasing in 2023 to balance rising loss cost trends
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company expects to turn adjusted Ebidta positive by the end of 2024 with cash of at least $400mn.
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Tesla understands the data-driven nature of insurance and is looking to grow its auto insurance exposure, but the focus is on cars first