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Reality or Wishful Thinking: Is the Admitted Market About to Get Hammered?

February 15, 2011

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The softness of the current insurance market has impacted everyone. One specific way in which it has impacted the E&amp;S market is that admitted carriers (to increase premium intake) have underwritten risks that usually reverted to the E&amp;S market. Some professionals believe that the worm is about to turn as the admitted carriers flee the newly written risks because of bad loss ratios -- <a href="http://www.insurancejournal.com/news/national/2011/02/10/184165.htm">http://www.insurancejournal.com/news/national/2011/02/10/184165.htm</a>. The question is -- when? And to that question, no-one knows the answer.
For more information about this post, please contact Bob Cosgrove at <a href="mailto:rcosgrove@wcmlaw.com">rcosgrove@wcmlaw.com</a>.

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