Personal auto

InsurTech carriers pivot to profitability vs growth.

All eight major market segments had seasonally adjusted prices that were lower year over year in April.

Inside P&C’s news team runs you through the key highlights of the week.

Industry reserve releases mask adverse development trends, particularly in personal lines.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Although year-over-year headline CPI has decreased a bit, CPI levels pertaining to insurance are on the rise.

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This comes as the all-items consumer price index showed only a 5% gain.

The private broker said replacement cost values in the homeowners' sector will also go up this year to offset increased construction costs and inflation.

Root’s challenges generate lessons for other InsurTechs, as its stock value crash leads to a management exodus, and the banking collapse dries up funding needed to balance cash burn.

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.

Inside P&C’s morning summary of the key stories to get you up to speed fast.