Casualty/GL | Insurance Insider US

The MGA can offer AI liability limits up to $8.5mn for US companies.

The ideal collateralized platform must constantly revise capital needs over the long tail.

The company made the appointments in its middle and large business division.

While buyers enjoy favorable market conditions, increased costs from tariffs could spell trouble in 2026.

This program is designed to provide insurance for small contractors.

Casualty and auto loss costs continue to rise due to inflation as we head into 2026.

The medical care index increased 3.5% over the past 12 months.

eMaxx Reciprocal Insurance Exchange will write commercial P&C as an insurer and reinsurer.

The specialist insurer, meanwhile, expects growth opportunities in homeowners’ this year.

The carrier will offer $10mn per risk, targeting large corporations.

Matthew Stitham replaces Donnacha Smyth, who was promoted to global CUO, casualty.

2024 was the sixth consecutive year when the liability inflation index surpassed economic inflation.

The market is now approaching something that “looks like equilibrium”.

One avenue for capital freed up by a softer-than-expected renewal could be more M&A.

California and Florida were up significantly, but premium growth slowed in Texas.

The first round of 2026 renewals was largely favorable for buyers.

The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.

Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.

In casualty, the executive is seeing an acceleration of flight to quality both from cedants and reinsurers.

A district court judge had dismissed the case in September, with prejudice.

Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.

The carrier combined its E&S primary and excess casualty units into a single group.

The company announced four internal promotions this week.

The move comes over a year after Aon completed its $13bn purchase of NFP.

Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.

Only GL and workers’ comp had renewal rate increases compared to Q2.

The insurer says defendants billed “exorbitant” fees for non-existent services.

The company has been growing rapidly since the summer, with at least 300 currently employed.

A favorable nine months for the industry does not solve its underlying problems.

The executive was most recently head of US casualty at Aon.

The executives are based in Seattle and New York.

Loss ratios in troubled casualty lines ticked down year-over-year despite worsening loss costs.

Casualty rate increases largely stabilized in Q2 and Q3 at 5%-10% for general liability.

The executive joins from RenaissanceRe.

The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.

The mayor-elect has promised to build 200,000 new units in New York City.