Headlines
Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for.
U.S. commercial insurance prices rose more than 7% in the fourth quarter, which was the same percentage of increase seen in the third quarter, Willis Towers Watson PLC said in a survey.
US Insurers — hammered by extraordinary losses caused by natural disasters — are failing to raise premiums at a pace equal to the rate of inflation.
Avian influenza has been detected in a sixth commercial poultry flock in southern Indiana. The samples are being verified at the U.S. Department of Agriculture’s National Veterinary Services Laboratory in Iowa.
