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The carrier forecasts stable profits, but tariffs are creating “high uncertainty”. -
The law imposes limits on third-party litigation funding, among other changes.
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The BRIC program helped fund local resiliency programs, which can reduce loss costs.
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Howard and Moore were among a group to receive letters over links to prior insurance insolvencies.
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The suit seeks to block insurers from passing through assessment costs.
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A one-time impact would be a mid-single digit increase to physical injury auto severity.
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The release followed the filing of an updated Plan of Operation.
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The deal had HSR approval and was waiting on approval from the UK.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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The announcement spurred a quick spike in stock market valuations.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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P&C has strengths that will help it survive this crisis, but not without some pain.
