Commercial Lines

In March, MarketScouts Market Barometer showed that rate increases picked up steam ever so slightly to plus-3%, but in April, a multitude of factors caused rates to moderate again to plus-2%.

Stakeholders seeking reauthorization of the Terrorism Risk Insurance Act are holding an emergency meeting today to discuss next steps in the wake of an alarming draft House bill that would effectively phase out the program over three years.

As construction heats up, producer opportunity abounds in selling cover for enlarged vehicle fleets, as well as CGL and E&O protection against defaults. But the hiring of inexperienced workers and rehiring of long-absent ones spur new claims.

In a sign that the U.S. economy is on the (gradual) upswing, the entrepreneurial rate in the U.S. is now higher than it was at the height of the dotcom bubble of 15 years ago, according to the Kaufman Index of Entrepreneurial Activity (KIEA)which currently lists more than 20 million...

The insurance industryoften regarded as a laggard in technology-driven innovationis moving quickly to respond to the opportunities and challenges of big data.

The bond between a risk manager and their insurance broker can last as longor longerthan the average marriage, and the good ones are built on trust, growth, reciprocity and good communication. Here's how the best ones are maintained.