Progressive was the first major auto carrier to raise auto rates in 2021 and it is the first to cut them in 2024. https://lnkd.in/gcpBGiHT
P&C Specialist
Newspaper Publishing
Our readers say we're the best news resource for the P&C industry.
About us
P&C Specialist is a Financial Times news service for P&C executives. Our new commercial lines news service is available now. Learn more at https://commercial.pandcspecialist.com
- Website
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http://www.pandcspecialist.com
External link for P&C Specialist
- Industry
- Newspaper Publishing
- Company size
- 11-50 employees
- Headquarters
- New York
- Type
- Privately Held
Locations
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Primary
Get directions
330 Hudson St
New York, US
Employees at P&C Specialist
Updates
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State Farm has opted to retain its bonuses and commissions while navigating property rate hikes in California, and AIG has placed 450 international employees on notice amid restructuring. Read more in this week's News Brief.
Balancing Financial Sustainability and Legal Challenges
P&C Specialist on LinkedIn
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AIG has put up to 450 staff in its international business on notice of potential redundancy. https://lnkd.in/geuzuah9
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Auto insurers are hitting the gas on growth by ramping up ad spending and easing underwriting restrictions as they turn the corner on profitability. https://lnkd.in/grUXvEQq
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Travelers generated more direct premiums written in commercial policies in 2024's first half than any other carrier operating in the U.S. and Canada markets. https://lnkd.in/gsRvwwgB
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American Family cut its first-half underwriting loss by more than 50% as premiums rose and rate increases took effect. https://lnkd.in/getn_Cde
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BREAKING NEWS: State Farm Hit with Setback in Ga. Comm’l Auto Case with Legal Implications for Rideshare Insurers. https://lnkd.in/gtRVPJHA
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State Farm and Progressive faced tough second quarters, with both carriers' homeowners lines contributing to their struggles, and Geico is offering additional remote work flexibility. Read more in this week's News Brief.
Financial Pressures and Operational Adjustments in Personal Insurance
P&C Specialist on LinkedIn
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This week’s News Brief showcases the importance of thorough investigations, as The Hartford's commercial insurance unit received a significant win in a disability case. Meanwhile, commercial insurers are re-evaluating remote work policies. Read more in this week's recap. #CommercialInsurance
Claims Management and Leadership Trends
P&C Specialist on LinkedIn