Personal auto
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KCC has added a loading for litigation costs to the storm loss estimate for the first time.
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Hurricane Ian’s total effect is still unknown, but lessons from Hurricane Irma give insight into potential outcomes.
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Inside P&C’s news team runs you through the key highlights of the week.
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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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Claims analysis shows slow reactions to negative trends can affect several quarters, but carriers who emerge strong will be able to pursue growth faster than the competitors who are always playing catchup on 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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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August’s overall consumer price index edged up 0.1 points, after no change in the prior month.
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The ratings agency said the downward revisions reflect inflation, rising loss cost severity, higher reinsurance costs and other challenges.
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Used car prices in August fell further, down 4% from July, according to auction house Manheim’s monthly market report.
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This compared with a $11.4bn loss in the first half of 2021, the report said.
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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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