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The classic and collectible car insurer has a different risk profile than other carriers. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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In an earnings call with analysts, the CEO said Hagerty was still on track to “get the relationship up and running” this year.
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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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Shapiro noted that the Allstate brand incurred severity for property damage is expected to increase about 11% in 2022, compared to the year before.
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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 2022 reinsurance program will support cat losses exceeding $2.5bn, compared to $2bn in the corresponding period last year.
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The CFO attributed THG’s worsening first quarter combined ratio to increased severity in auto and homeowners claims.
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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 executive noted in her shareholder letter yesterday that loss costs on average were up almost 18% from the same quarter last year.
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The meeting highlighted economic challenges and left questions about future acquisitions after an eventual management transition.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
