Underwriting & Pricing
Progressive Set to ‘Maximize’ Growth, Building on Q1
When Progressive's chief executive officer weighed the words that should go into the management discussion section of the company's first-quarter 10-Q report, she considered two possibilities to ...
Seeking Shelter From Mounting Hailstorms? New Approaches for Underwriters and Claims Execs
Given the forecast transition from El Niño to La Niña, meteorologists predict 2024 will feature yet another active season for hail events and other severe convective ...
Executives Deliver Divergent Views on Sustainability of Workers Comp Profits
Property/casualty insurance industry leaders delivered two different views on whether workers compensation will continue to be a bright spot on the industry profit picture during an investor ...
New York Proposes Guidance Governing Insurers’ Use of AI
New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in ...
No Sugarcoating: Availability Before Affordability, Calif. Regulator Says
If the old adage "As California goes, so goes the nation" is true, then 2024 will be another year of industry retooling as insurers and regulators set a path for the future of the U.S. P/C property ...
Saying Goodbye to 2023: When Will California’s Insurance Crisis End?
"Sorry, America,
Your Insurance
Has Been Canceled"
The words were ...
Prepare for the Soft Market: Why You Need to Set Performance Metrics Now
On the face of it, it appears to be a good time to be an underwriter. A combination of historic underperformance, an elevated risk outlook and investor reticence is encouraging underwriters to push ...
What to Expect: ‘No Material or Sudden Changes’ in Commercial Insurance Pricing
Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn't expecting any major changes in the pricing for commercial casualty or property ...