Add as a preferred source on GoogleJames River Onboards Three Departments in AI Underwriting Rollout
Three more departments are in process. James River also did not renew habitational business in the third quarter after that business missed pricing and profitability expectations.
James River Group Holdings, Inc. (James River) has onboarded three departments in its AI underwriting rollout, with three more in process.
James River also did not renew habitational business in the third quarter after that business missed pricing and profitability expectations. The insurer operates in Excess and Surplus Lines and Specialty Admitted Insurance.
The company posted a $189.4 million net loss available to common shareholders in the third quarter, including a $181.8 million noncash goodwill impairment.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.