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Welt has been with W.R. Berkley since 2004 and has operational experience in addition to his legal skills.

Strong performance aside, the auto market is beginning to show signs of rate increase fatigue following price increases.

Global commercial insurance pricing increased for the fourth consecutive quarter, according to Marsh's market index.

The ongoing Calif. wildfires are expected to become one of the costliest wildfire catastrophe-insured loss events ever.

Florida's disjointed property insurance system will take a multibillion-dollar loss from Hurricane Michael.

2016 saw an uptick in so-called mega claims (claims of $10 million or more), which is having a large impact on the workers' compensation industry.

Among other aspects, prior-period loss reserve releases provided a boost to underwriting performance.

NCCI's brief notes the increasing popularity and use of smartphones coincides with this growing trend of MVAs.