Commercial Lines

Inland-marine insurers are faced with a thinning and aging talent pool in a line of insurance that requires highly specialized industry and insurance knowledge, according to a recent Conning Research & Consulting report.

Typhoon Roke weakened before striking Japan today near Hamamatsu City in Shizuoka Prefecture, but has still caused damage and deaths.

Typhoon Roke weakened before striking Japan today near Hamamatsu City in Shizuoka Prefecture, but has still caused damage and deaths.

Rating agencies will have their eyes on how mutual insurers manage risk and capital through the current soft-market, two rating-agency executives say.

As mutual insurers increase their dependence on technology to sell and service insurance, companies must demonstrate their value to independent agents while not cutting them out of the client relationship, says the incoming chairman of the National Association of Mutual Insurance Companies.

In his deficit-reduction proposal, President Obama voices support for provisions in House legislation that would eliminate subsidies, over five years, on 30 percent of properties insured by the National Flood Insurance Program.