Prices are holding steady for corporate buyers of casualty insurance products, and in cases where the loss experience has been particularly good, the premiums have fallen. On the property insurance side of the industry, it’s a buyer’s market, with prices falling at a quick clip. And in both industry houses, insurers eager to maintain market share are open to altering policy coverage terms and conditions.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
Wage and hour settlements accounted for $1.2B of the total.
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