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With LA Wildfire Suits Looming, Edison Beats Estimates on Lower Expenses and Rate Hikes
Apr 30 2025 // Edison International beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from lower operating and interest expenses and higher rates for its services. Lower interest rates reduce...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs Say
Apr 21 2025 // Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Soft D&O Market May Come to an End as Risk Complexities Rise
Apr 21 2025 // Buyers of directors and officers (D&O) liability insurance have benefited from strong capacity and healthy competition among insurers to see consistent rate decreases at renewal over the last several years. Those days...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Inflation, Rising Claim Costs, Riskier Business Reasons Cited for Rate Increases in A&E Market: Survey
Apr 7 2025 // Architects and engineers professional liability insurers report concerns about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design...
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