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By Bonnie Cavanaugh |
September 12, 2011
An insured can experience a catastrophic loss due to mechanical failure if, at time of loss, the proper coverage, including loss of income, is not in place,” Carmen Suarez, underwriting manager for Preferred Property Program, a subsidiary of JGS Insurance.
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By Phil Gusman, PropertyCasualty360.com |
August 30, 2011
Personal lines insurers’ capital strength and core underwriting earnings power should offset challenges posed by natural catastrophes; high-frequency, low-severity weather events; and the “very competitive nature of the market,” according to Moody’s Investors Service.
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By Phil Gusman, PropertyCasualty360.com |
May 16, 2011
The overall composite rate for U.S. property and casualty in April was down 4 percent, unchanged from the previous month, according to Dallas-based MarketScout’s latest “Market Barometer.”
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By Susanne Sclafane, PropertyCasualty360.com |
November 22, 2010
Executives trying to predicting how the soft market will play out for the excess and surplus lines industry have absolutely no point of reference based on past experience to guide them, an E&S executive said recently.
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By Phil Gusman, PropertyCasualty360.com |
March 15, 2010
The soft market deepened last month for the property and casualty insurance industry, particularly for bigger buyers, with the overall composite rate declining 5 percent, compared with 4 percent in January, MarketScout reported.
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By Susanne Sclafane, PropertyCasualty360.com |
August 10, 2009
Recent entrants into the umbrella liability insurance market have two common strategies in their business plans
