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Worldwide insured losses came to $31 billion, with the United States leading the pack even though U.S. losses were far below the 2000-to-2012 average of $29.4 billion.
The crop-insurance industry and the agents who produce for it will be prime beneficiaries of a new five-year farm reauthorization bill now working its way through Congress.
The crop-insurance industry and the agents who produce for it will be prime beneficiaries of a new five-year farm reauthorization bill now working its way through Congress.
Despite growing concern about risks, private companies largely report wide gaps in coverage and lack of understanding about professional and management liability insurance, according to Chubbs 2013 Private Company Risk Survey.
Despite growing concern about risks, private companies largely report wide gaps in coverage and lack of understanding about professional and management liability insurance, according to Chubbs 2013 Private Company Risk Survey.
In the past year and a half, there has been a turnaround in pricing for high-valued homeowners risks, as insurers readjust after several years of strong competition in this line, MarketScout CEO Richard Kerr says.
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