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Hartford Financial Services Group Inc. hired Ric Pena from Zurich Insurance Group AG as VP of a newly created energy practice in a push to expand operations under CEO Chris Swift.

Despite increased demand and claims activity, it's still a buyer's market in most areas of Environmental insurance

Despite increased demand and claims activity, it's still a buyer's market in most areas of Environmental insurance.

While not every producer is savvy in underwriting the ever-evolving risks attached to the domestic energy market, one thing is certain: It's a boom time.

Non-admitted underwriters are seeking across-the-board rate hikes for property & 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. Not even the massive insured property catastrophe losses stemming from...

Risk managers in the energy sector rate commodity price fluctuations as the top peril their industry faces, according to a poll released by insurance broker Aon.

Developing energy sector technology demands will provide new underwriting opportunities for insurers, the chief executive of Marsh insurance brokerage said.

Offshore energy business insurance premiums are expected to remain flat for October renewals, depending on location, loss history and limit sought, according to Chicago-based insurance broker Aon.