Non-admitted underwriters are seeking across-the-board rate hikes for property and casualty risksand are covering more risks as standard lines insurers continue to shed unwanted business. Yet the surplus lines market has not entered the "hard" phase of the market cycle.
Though it was signed into law more than year ago, the insurance industry has yet to enjoy the full benefits of reform to Floridas no-fault, personal injury protection auto insurance system.
Though it was signed into law more than year ago, the insurance industry has yet to enjoy the full benefits of reform to Floridas no-fault, personal injury protection auto insurance system.
Specialty insurer Hiscox says it will add a new Cyber Crime protection endorsement to its Technology Privacy Cyber portfolio, providing protection against exposures related to cyber-crime connected to business bank accounts.
Specialty insurer Hiscox says it will add a new Cyber Crime protection endorsement to its Technology Privacy Cyber portfolio, providing protection against exposures related to cyber-crime connected to business bank accounts.
The Federal Emergency Management Agency will launch a major advertising campaign designed to alert Americans on what they have to do to better prepare themselves for dealing with natural catastrophes.
The Federal Emergency Management Agency will launch a major advertising campaign designed to alert Americans on what they have to do to better prepare themselves for dealing with natural catastrophes.
A federal task force put forward a post-Hurricane Sandy resiliency plan, which includes 69 policy initiatives protecting energy and fuel distribution, cell service and infrastructure in a future where severe coastal storms are the norm.
A federal task force put forward a post-Hurricane Sandy resiliency plan, which includes 69 policy initiatives protecting energy and fuel distribution, cell service and infrastructure in a future where severe coastal storms are the norm.
Various newly enacted and pending legislative changes will present challenges throughout the year for those tasked with assessing the impact on the business while ensuring compliance.