US PC Market - $8.2B Underwriting Loss Q1 2023

[AZDave]

The losses continue to plague the Carriers. Expect more re underwriting, stricter new business guidelines, and more companies exiting.

[EXTERNAL LINK] - US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best

This is going to be a wild year!

 

[ModernInsurance]

Uh oh, hang onto your seats!

 

[Markthebroker]

We're in for a wild ride.