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Legal Focus: UK reforms have contributed to significant reduction in whiplash claims

The Civil Liability Act 2018 and the Whiplash Injury Regulations 2021 have helped shape the claims landscape for the better

United Kingdom Legal focus

Workers' comp remains most profitable US line in 2023

Sector achieves seventh consecutive year with a combined ratio of better than 90%

United States Casualty

Re/insurers indicate manageable Baltimore bridge losses

The Francis Scott Key Bridge incident likely to be the largest marine loss in history, but re/insurers are guiding to losses from the Baltimore bridge collapse being within expectations

North America Reinsurance

North America commercial rates begin to stabilise: WTW

Ample capacity is available across many lines of business, the broker says

North America Willis Towers Watson

US commercial insurance sector continues to outperform personal lines

The US P&C sector's combined ratio improved to 101.6% in 2023 but the industry still recorded its second consecutive annual underwriting loss

United States Casualty

Farmers to resume new writings in California

Move follows carrier’s recent decision to lift its moratorium on writing new commercial motor policies in the state

United States Casualty

Axa XL names Sawyer head of London casualty reinsurance

Executive will oversee carrier's cyber reinsurance proposition as well as US and international casualty treaty offering  

London Axa

CSAA names Zukerman chief executive

Zukerman was previously executive vice-president and chief legal officer at California-based insurance group

United States People moves

Bowhead Specialty launches IPO

Insurer aims to raise up to $107m through initial public offering

United States Casualty

AmCoastal income from continuing operations falls 22%

Florida-based carrier agrees to sell its New York-based Interboro Insurance business to Forza Insurance

United States Casualty

Definity underwriting income jumps 39% in Q1

Canadian group benefits from lower core accident-year claims and expenses and higher favourable prior-period reserve development

Canada Casualty

Liberty Mutual COR improves 8.4 points

US giant posts operating profit of $1.27bn in the first quarter of the year with a combined ratio of 95.5%

United States Casualty
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