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U.S. property insurance rates are showing signs of softening partly due to increased capacity from Chinese insurance companies. But Chinese carriers willingness to pay claims in the face of a major loss event has yet to be tested.
A panel of the Senate Appropriations Committee has voted to effectively stop FEMA from implementing mandated NFIP rate increases for grandfathered properties.
A panel of the Senate Appropriations Committee has voted to effectively stop FEMA from implementing mandated NFIP rate increases for grandfathered properties.
Allianz Global Corporate & Specialty and insurance broker Marsh say they have have an agreement to provide rapid access to working funds for their joint clients in the event of a major claim, including first-party marine claims.
Allianz Global Corporate & Specialty and insurance broker Marsh say they have have an agreement to provide rapid access to working funds for their joint clients in the event of a major claim, including first-party marine claims.
Aspen Insurance estimates its pretax losses for the second quarter may hit $59 million, with Central European flood losses in June contributing to 52 percent of the total.
Aspen Insurance estimates its pretax losses for the second quarter may hit $59 million, with Central European flood losses in June contributing to 52 percent of the total.
The Innovation Group announces support of Microsoft SQL Server has been validated with performance and efficiency testing in Microsoft's labs and has been added to the insurance technology providers Innovation Insurer Suite.
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