insurance market

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  Health Insurance Exchanges: The Effect on Agents

  By Steve Purkapile  |  May 21, 2012

  Some states are taking up the banner for insurance exchanges. Is it better for them to wait?

• Lloyd’s of London Unveils Strategy for Future Growth, Asserts Itself to Brokers

  By Chad Hemenway, PropertyCasualty360.com  |  May 21, 2012

  Lloyd’s is turning the calendar ahead to the year 2025 in a high-profile effort to re-emphasize its goals for growth in the specialty insurance and reinsurance marketplaces.

• Markel Execs: Inconsistent Pricing on Renewals, New Business Betray Notion of Hardening Market

  By Chad Hemenway, PropertyCasualty360.com  |  May 21, 2012

  Markel Corp. indicates talk of a hard market may be premature, as insurers are not exhibiting the same underwriting discipline for new business as they are for renewals.

• Lawsky Dissatisfied with Answers on Force-Placed Insurance Rates

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 18, 2012

  New York’s chief regulator indicated he is not satisfied with insurers’ answers about why force-placed-insurance rates are so high when losses continue to be low.

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  Moody's: U.S. P&C 1Q Net Income Soars; Rate Increases Achieved Across Most Lines

  By Phil Gusman, PropertyCasualty360.com  |  May 16, 2012

  U.S. property and casualty insurers saw 2012 first-quarter net income soar by 69 percent as lower catastrophe losses helped drop the industry’s combined ratio to 96, compared to 102 a year ago, according to a Moody’s Investors Service analysis.

• Markel Sees Inconsistent Pricing on Renewals, New Business

  By Chad Hemenway, PropertyCasualty360.com  |  May 10, 2012

  Markel Corp. indicates talk of a hard market may be premature because insurers are not exhibiting the same underwriting discipline for new business as they are for renewals.

• KRE Insurance Adapts to Increasingly Global World, Sophisticated Criminals

  By Chad Hemenway, PropertyCasualty360.com  |  May 3, 2012

  Kidnap, Ransom and Extortion insurance coverage is much more than the name implies. The coverage has become broad—one shaped by competition and a growing need as we become a more globalized, high-tech society within many areas of political or economic strife.

• Increasing Number of Captives Opt to Domicile on U.S. Soil

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 3, 2012

  Grounding no longer sounds so bad: Driven by financial incentives, new captives are choosing to stay closer to home.

• Lloyd's of London Says No Big Q1 Losses

  By Reuters  |  May 1, 2012

  The Lloyd's of London insurance market said there had been no change to its expected financial performance this year thanks to a lack of major claims during the first quarter.

• Italian Brokers Seek Business, Advice, from U.S. Carriers and Agents

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 27, 2012

  Italian-insurance agents and brokers are seeking to break the restrictions placed on them by their domestic carriers and welcome U.S. carriers’ business and U.S. independent-agent practices to their shore.