CEO D’Orazio: James River’s 7% drop in Q1 E&S GWP driven by commercial auto non-renewals

James River CEO Frank D’Orazio has explained that his firm’s 7 percent drop in E&S premiums in Q1 was the result of non-renewals of excess casualty accounts with a heavy commercial auto component, with the executive also highlighting “strong rate increases” and record submissions.

 

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