Analysis

The new year brings an opportunity to revisit underwriting strategies and adjust them as needed.

While currently only private passenger types and light/medium trucks are eligible for the coverage, there is a possibility that ISO will expand the eligibility to include other vehicle types in the future.

In a new report, AM Best pointed to remaining questions about how law changes will affect reinsurance.

The law in most jurisdictions, including New York, is that an insurance company's duty to help and defend its policyholder is "exceedingly broad."

Four key areas have had the largest bearing on intercompany arbitration as subrogation departments emerge from the last several years.

Some risks will continue into the new year, and others may evolve into newer versions of existing threats.