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By Chad Hemenway, PropertyCasualty360.com |
March 8, 2012
Although the Nonadmitted and Reinsurance Reform Act (NRRA) went into effect in July of last year, states are continuing to debate which, if any, tax-sharing option to adopt.
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By Chad Hemenway, PropertyCasualty360.com |
March 5, 2012
The longer the debate over the tax-sharing option within the Nonadmitted and Reinsurance Reform Act rages, the better off the surplus-lines industry is, say legislative-committee leaders of the National Association of Professional Surplus Lines Offices.
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By Jennifer McCall, AA&B intern |
December 1, 2011
The continued soft market and economic changes are still forcing wholesalers to shift their business strategies. Read our panel’s insights on how to maintain stability, through industry specialization, training and development, investing and customer service.
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By Chad Hemenway, PropertyCasualty360.com |
November 10, 2011
The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance world—a sign that the market is transitioning from soft...
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By Chad Hemenway, PropertyCasualty360.com |
November 10, 2011
The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance world—a sign that the market is transitioning from soft...
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By Chad Hemenway, PropertyCasualty360.com |
October 24, 2011
Ten insurance trade groups have written representatives of states participating in the Nonadmitted Insurance Multistate Agreement (NIMA) in an attempt to get them on board with what is being called the “Kentucky compromise.”
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By Chad Hemenway, PropertyCasualty360.com |
October 18, 2011
There are “little signs” that the surplus-lines marketplace is turning, says Mario Vitale of Aspen U.S. Insurance.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 24, 2010
A soft market hasn't stopped excess and surplus lines industry veterans from building and launching businesses--and wholesale brokerages have been as active as carriers in the early part of 2010.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 9, 2010
AmWINS Group Inc. said it has acquired Colemont Insurance Brokers in Dallas, in a move which may make it the nation's largest wholesale brokerage, a consultant suggested.