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By Chad Hemenway, PropertyCasualty360.com, Susanne Sclafane, PropertyCasualty360.com |
June 23, 2011
As one property and casualty industry report points to rising combined ratios for insurers, with experts citing the need for better underwriting results, a separate analysis of first-quarter industry figures indicates the commercial-lines market may be starting to turn.
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By Chad Hemenway, PropertyCasualty360.com |
June 22, 2011
Though property and casualty industry surplus is at records levels as of the end of the first quarter, insurers took a $4.5 billion underwriting loss, and recent developments point to worsening results in the second quarter.
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By Phil Gusman, PropertyCasualty360.com |
June 10, 2011
While one insurance executive says the current market cycle has been “very unique and different” because its bottom coincides with an economic downturn, another executive says the same human factors of “fear and greed” are driving insurers’ behavior.
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By Michael Kehoe |
May 20, 2011
Fifty employees with an entrepreneurial spirit, left comfortable jobs to launch an E&S insurer last year. CEO Michael Kehoe says an ownership mentality has helped the team overcome startup challenges.
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By Bradley Lacey |
May 1, 2011
With lawsuits against prive and nonprofit employers on the rise, agents can position themselves as experts by honing their D&O and EPL skills
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By Susanne Sclafane, PropertyCasualty360.com |
February 14, 2011
Market psyche change, not cat event, needed to turn the market, Marsh CEO Duperreault says, predicting one will come sooner rather than later.
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By Susanne Sclafane, PropertyCasualty360.com |
February 3, 2011
The insurance cycle is not dead, and the return to a hard market could come without a multibillion-dollar catastrophic event driving the turn, a broker executive said yesterday.
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By Tim Hoelle |
November 1, 2010
Florida's E&S market appears trapped in a non-traditional cycle -- a soft market followed by a softer market.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 9, 2010
Despite being trapped in a stubborn soft market and an economy with fewer insurable exposures, the country's biggest commercial insurance brokers reported some positive results for the second quarter.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 29, 2010
With its chief executive calling the current business climate the most difficult since the Great Depression, Arthur J. Gallagher (AJG) reported flat net income for the 2010 second quarter and another quarter of organic growth decline.