adverse development Archives - Carrier Management

U.S. P/C Industry Combined Ratio Headed Back Up to 100: S&P Ratings

While the U.S. property/casualty combined ratio sat at the lowest level in five years during 2024, the industry's key metric is headed up to the 98-100 range for 2025, analysts from S&P Global ...

Time-Tested Loss Reserving Methods Challenged: AM Best

Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, ...

AmTrust Signs $400M Reinsurance Agreement With Premia Re

AmTrust Financial Services inked a reinsurance agreement with Premia Reinsurance Ltd. The cover addresses loss reserve development up to $400 million over the company's stated reserves of $6.59 ...

Five Insurers Lead P/C Industry to 8th Year of Reserve Takedowns: Fitch

Headline reserve charges for Tower Group, Meadowbrook Insurance Group and QBE Americas in 2013 didn't interrupt an eight-year trend of overall prior-year reserve takedowns for the property/casualty ...

Company	Symbol	Close	1 Day Chg
Lemonade, Inc.	LMND	$74.26	+8.47%
Root, Inc.	ROOT	$62.08	+7.63%
Goosehead Insurance, Inc.	GSHD	$66.17	+3.37%
Slide Insurance Holdings, Inc.	SLDE	$17.64	+2.98%
Hippo Holdings Inc.	HIPO	$29.50	+2.01%

Company	Symbol	Close	1 Day Chg
The Allstate Corporation	ALL	$207.55	-3.55%
Horace Mann Educators Corporation	HMN	$43.18	-3.31%
The Progressive Corporation	PGR	$202.29	-2.54%
Enact Holdings, Inc.	ACT	$43.17	-2.31%
NI Holdings, Inc.	NODK	$13.57	-1.52%

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adverse development News

U.S. P/C Industry Combined Ratio Headed Back Up to 100: S&P Ratings

Time-Tested Loss Reserving Methods Challenged: AM Best

AmTrust Signs $400M Reinsurance Agreement With Premia Re

Five Insurers Lead P/C Industry to 8th Year of Reserve Takedowns: Fitch