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By Michael P. Voelker |
March 15, 2012
For weeks on end in 2010, live footage of a ruptured pipeline spewing oil underwater in the Gulf of Mexico served as a 24/7 reminder of the potential for environmental devastation. Underwriters and brokers dealing with Environmental insurance initially feared the worst in terms of the disaster’s impact on the...
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By Chad Hemenway, PropertyCasualty360.com |
February 16, 2012
For a while, Insurance Information Institute President Robert Hartwig has been telling anyone who’ll listen that we will not experience a double-dip recession and that global crises would not derail recovery in the economy.
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By Chad Hemenway, PropertyCasualty360.com |
February 13, 2012
The insurance industry “needs to not just ride the rising tide" of rate increases but rather focus on new drivers of today's economic recovery in order to tap growth opportunities, says a leading industry observer.
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By Mark E. Ruquet, PropertyCasualty360.com |
June 10, 2011
Despite market conditions that should be edging pricing up, the U.S. property and casualty market still remains soft with composite rates in May running at minus-4 percent, according to online insurance-exchange MarketScout.
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By Mark E. Ruquet, PropertyCasualty360.com |
June 6, 2011
Despite market conditions that should be edging pricing up, the U.S. property and casualty market still remains soft with composite rates in May running at minus-4 percent, according to the online insurance exchange MarketScout.
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By Nina Lill |
June 1, 2011
Not too many years ago, "green" looked like the new black for property-casualty insurance agents. Now, many see green in shades of gray due to the slow economy, lack of capital investment and no definitive compass to where green growth will occur and how it will be sustained.
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By Lauren Berry |
May 16, 2011
The insurance needs of homeowners and businesses will evolve as they upgrade their property with green technology, and agents who can position themselves as knowledgeable on the topic and who check in with clients to discuss renewable-energy investments and exposures will be providing a valuable service to customers—and giving themselves...
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By Phil Gusman, PropertyCasualty360.com |
March 7, 2011
In a soft market, excess and surplus-lines executives have managed to identify some growth areas and have found the time ripe for technology investments and recruiting talent. But survival demands innovation.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 15, 2010
The soft market is expected to continue unabated into 2011, but there are signs that insurers are beginning to hedge risks and become more circumspect about those that they accept, according to a group of experts.
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By Chad Hemenway, PropertyCasualty360.com |
December 6, 2010
A number of Bermuda insurers reported significant drops in net income in the third quarter of 2010--many within the 20-50 percent range, with declines primarily related to the New Zealand earthquake and other smaller catastrophes.
