RPS’s Wilkinson: 15-20% of casualty entrants won’t survive next five years amid rising verdicts

Risk Placement Services’ Bill Wilkinson has commented in a webinar that three of the new casualty entrants in recent years have already closed and predicted 15-20 percent of the others will fail in the next five years, while his colleague Russ Stein highlighted that E&S carriers are “hungry” for construction business.