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PIF growth is slowing as the firm sees worsening loss-cost trends, and this quick response will likely allow it to outperform peers again.
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Premium inflation is up but remains flat compared to 2019 despite loss-cost trends, suggesting further rate action from carriers.
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As autonomous vehicles hit the road and more cities turn to services like e-bikes, Marsh sees unique risk challenges demanding new insurance options.
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Inside P&C's Research team looks at the prospects of Florida's wave of new arrivals.
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Orchid, Accredited partner to expand personal lines capacity in coastal markets amid strain from increasing cat events.
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The Aon claims platform incorporates tech that can predict attorney involvement and subrogation risk for auto claims.
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The deductibles bill passed by the Senate and signed into law during the summer has raised concerns among underwriters and brokers.
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“Certainly, I'm concerned about solvency, but I'm extremely confident that we will come out of this with as robust and competitive a property insurance market based on these small regional carriers,” Donelon told this publication.
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Auto insurance claims costs are sharply rising in 2021, as Americans embrace risky driving behavior following a brief decline in miles driven in the early days of the COVID-19 pandemic, APCIA said in its latest report.
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In a month impacted by hurricane losses, earnings showed slower growth and no improvement in underlying loss ratio.
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The Pelican State has more AoB exclusions, a less aggressive plaintiff bar and courts that are not as policyholder-friendly.
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The company, soon to merge with Omnichannel’s SPAC, posted a gross profit of $6.8mn.