Casualty Renewal Pilot

Exposure & basis changes

Year-over-year diff · agent: Data Intake

Line	Basis	Expiring	Proposed	Change
Auto Liability	~~# of vehicles~~Mileage (annual)	412 units	38.2M miles	Basis change Class 7219 logistics — basis switch per 2026 ISO update.
General Liability	Payroll	$84.2M	$96.7M	+14.8%
Workers' Comp	Payroll	$84.2M	$96.7M	+14.8%
Excess Casualty	Sales	$612M	$701M	+14.5%

Class-code revenue Δ

Highlight: > 5% change

7219
Trucking NOC
$498.00M
+20.9% ⚑
8018
Warehouse Operations
$148.00M
+4.2%
8742
Outside Sales
$39.50M
+3.9%
5606
Project Management — added
$14.20M
+100.0% ⚑

Open claims · auto-surfaced

agent: Claims Sentinel

4 OPEN

CLM-88421Auto LiabilityDOL 2024-03-12Litigation

Multi-vehicle accident on I-80, alleged driver fatigue. Plaintiff seeking damages for two fatalities.

Paid

$1.24M

Reserve

$3.80M

Pred. Ult.

$6.50M

CLM-89004GL — PremisesDOL 2024-08-22Negotiation

Slip-and-fall at Newark distribution center. Spinal injury alleged.

Paid

$86K

Reserve

$420K

Pred. Ult.

$540K

CLM-90112Auto LiabilityDOL 2025-01-04Investigation

Cargo spill, hazmat cleanup and third-party property damage on US-1.

Paid

$312K

Reserve

$980K

Pred. Ult.

$1.45M

CLM-90455WCDOL 2025-04-19Open — Medical

Forklift crush injury, loader operator. Surgery completed; PT ongoing.

Paid

$142K

Reserve

$380K

Pred. Ult.

$610K

Total open exposurePaid $1.78M · Reserve $5.58M · Ultimate $9.10M

M&A activity

agent: M&A Watcher

2025-09-14ACQUISITION· SEC 8-K
Apex acquired NorthRail Freight (intermodal carrier)
Adds ~210 power units, new rail-yard exposures
2025-11-02DIVESTITURE· Press release
Sold Apex Last-Mile Couriers division
Removes ~$42M payroll, light-auto exposure
2026-02-20JOINT VENTURE· S&P Capital IQ
JV with Meridian Cold Chain (refrigerated)
New refrigerated cargo exposure, NY/NJ/PA

Terms & conditions diff

agent: T&C Diff

Excess Attachment Point

$35,000,000→$25,000,000

Below treaty floor — referral active.

Per-Occurrence Limit

$25M→$25M

Auto Liability Deductible

$250,000→$500,000

Insured-favorable from carrier perspective.

Punitive Damages

Excluded→Included where insurable by law

Coverage expansion — requires CUO sign-off.

Hired/Non-Owned Auto

Sublimit $5M→Full limit

Cyber Carve-Back

Silent→Affirmative exclusion

Referrals queue

agent: Rules & Guidelines

1 TO SEND

Chief Underwriting Officer
Class 7219 Trucking — premium > $5M authority cap
G&G §4.2.1· Awaiting response
Sent
2026-05-11 09:14 ET
Casualty Actuarial
Auto exposure basis change (units → mileage) requires re-rate
G&G §6.8· Reviewing
Sent
2026-05-11 09:14 ET
Reinsurance Treaty Lead
Excess attachment proposed at $25M (below $30M treaty floor)
Treaty Cession §3.1· Drafted — pending UW send
Claims Director
Open shock loss reserve >$3M on CLM-88421
G&G §9.4· Acknowledged
Sent
2026-05-11 09:15 ET

Open Underwriting Rules & Guidelines →

Trucking class 7219 referral path: UW → CUO → Treaty Lead 2 high-severity items require sign-off before bind