Insurance Groundhogs Warming Up to Market Changes

Spring is not around the corner. It's more than a month away, Punxsutawney Phil predicted on Monday. But what is going to happen to conditions in the property/casualty insurance market? What lines ...

How Competitive Is E&S Property? Exec Views Vary

E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in ...

Everest Group Boosts Casualty Loss Reserves $1.7B

Everest Group, Ltd. pre-announced full-year 2024 earnings yesterday, disclosing about a 45 percent drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The ...

RLI Corp. CFO Brown to Retire, Other Execs Promoted

RLI Corp. said its chief financial officer is retiring, and the specialty insurer disclosed a number of other executive changes. CFO Thomas Brown, who is also a senior vice president, will retire on ...