After a two-year freeze, EI premiums are set to rise by five cents per $100 of earnings in 2023, which is the maximum increase allowed in one year by legislation. However, the increase falls short of what the Office of the Chief Actuary recommended for the pro...
In industry first, US P&C insurers exceed $1 trillion in direct annual premiums US property and casualty direct premiums written increased 8.0% to $1.05 trillion in 2024, breaching the trillion-dollar mark for the first time. ByJason Woleben ...