Although it may not be discussed as frequently as claims in commercial insurance, a negative premium audit experience can be just as likely as a poor claims experience to ...
It has been 11 years since commercial auto loss ratios have outperformed the greater property/casualty industry.
American Property Casualty Insurance Association issued a statement on behalf of P/C insurance company members on Tuesday, the day that 25 percent tariffs on most goods from Canada and Mexico took ...
With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room to deal with the impacts of tariffs on car repair and replacement costs, the ...
Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today's casualty ...
State Farm General Insurance revealed that it has asked the California Department of Insurance to approve an "interim emergency" homeowners insurance rate hike, citing declining capital and a ...
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 ...
Executives speaking at Lemonade's Investor Day event late last month made several statements suggesting that their approaches to personal lines insurance set the technology company apart from the ...
Broker WTW said commercial lines insurance rates increased overall by an average of 6.1 percent during the third quarter 2024. Quarterly price increases have been around 6 percent since the end of ...
Rate hikes haven't been enough to bring profits to U.S. homeowners insurers, according to a new analysis from Aon, which finds that returns-on-equity for a group of homeowners insurers studied are ...