Personal auto
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The lawsuit alleges the data is being used by insurers to increase premiums. -
Lawsuit claims GM unlawfully sold data to insurers collected from 1.5m drivers.
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Reforms would seek to tamp down legal costs that can drive insurance costs up.
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NatGen allegedly collected $500mn associated with the fraud.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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Longstanding investor Stone Point will continue as a partner and board member.
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US SCS insured losses YTD already stood at around $12bn prior to these events.
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Flash floods moved into Texas overnight and into the lower Mississippi Valley Monday.
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The carrier is also targeting E&S growth in property brokerage and global specialty.
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Concern about vague cat modeling language was a theme at a Tuesday workshop.
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Commercial lines will remain bifurcated, with strong growth in property and weak growth in liability.
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Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
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