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The amount of E&S lines premium continues to grow, but at a slower pace than the last several years.
Excess, surplus and specialty insurance lines have grown as admitted carriers pulled back amid hard-market conditions.
The carrier seeks more than $600,000 in total recovery from the defendants.
This week's update includes insurance industry news from HSB, Crawford Technologies, ReSource Pro and more.
A company spokesperson tells PropertyCasualty360 that agents in Texas and several other states will be impacted.
Delinea: Nearly 30% of businesses have filed multiple claims.
In a time marked by high policyholder churn and a growing insurance-talent crisis, AI can help.
Applied Systems CEO: Next year's event will explore specific AI use cases to grow books of business.
Fitch Ratings forecasts a strong growth trajectory for U.S. E&S insurers.
Aviation insurance policyholders will likely see rates leveling out in the year to come.