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Guidewire Software, Inc., a provider of flexible core systems to property & casualty insurers, announces the availability of Guidewire Live, a network connecting Guidewire customers to one another, curated external content, and expert tools.
Dayton Beach, Fla.-based insurance broker Brown & Brown saw its net income rise 12 percent ($5.33 million) in 2012s third quarter to $49.5 million. Revenues were up 17 percent ($43.4 million) to $303.8 million.
In a survey conducted by research and consulting firm Deep Customer Connections about carriers performance, 99 percent of independent agents and brokers polled reported that ease of doing business is critical in their choice of carriersand to that end, Acuity tops their list.
Rates for Excess/Umbrella Casualty coverage continued to rise in 2012s third quarter as more large companies faced increases, according to a new report from Marsh.
The good news for insurance companies is that, in general, rate increases may have outpaced loss trends in this years third quarter. But the benefits to carriers may be offset by growing reserve pressures and the continued slow-motion collapse of investment income, according to new analysis by Keefe, Bruyette &...
The last decade has been a rough one for regional insurers, judging by a Fitch Ratings performance review that shows regionals lagging behind other types of insurers in two key metrics.
Joe Plumerithe man who removed the door from his office to drive home his philosophy of transparency as he returned Willis Group to public ownershipis stepping down as chairman and CEO of the worlds third-largest brokerage.
The traditional defense-oriented, insurance-based role of the risk manager is giving way to an opportunities-driven approach linked to corporate strategya trend that is pushing risk professionals to seek continuing education (CE) courses teaching the business skills they need to stay competitive in todays market.
Total policy limits for transactional-risk insurance have increased by 35 percent to $2.3 billion in the 12 months preceding June 2012, reports Marsh, showing that businesses are turning to the insurance market for protection from the risks of mergers and acquisitions.
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