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White Mountains Insurance Group Ltd has filed a federal lawsuit against peer Allstate Corp over the 2011 sale of the online auto insurer Esurance, alleging that Allstate inappropriately lowered the final purchase price.
White Mountains Insurance Group Ltd has filed a federal lawsuit against peer Allstate Corp over the 2011 sale of the online auto insurer Esurance, alleging that Allstate inappropriately lowered the final purchase price.
Average rate increases for commercial and personal lines continued their slow ascent through August, rising an additional point over the prior month, says MarketScout.
Several factors in the reinsurance marketplace point to continued moderate rate increases going forward, Swiss Re and Hannover Re stated as the annual Reinsurance Rendezvous kicked off in Monte Carlo.
While there is near-universal agreement that carriers are achieving rate increases for P&C business, analysts and company & brokerage executives are struggling to ascertain what the current, gradually hardening market will look like in the long term.
When it comes to captives, does speed really matter? If theres any doubt, just ask a prospective captive owner who has been hobbled by red tape for months. Legal expenses and other incurred costs can quickly erode the upsides of alternative risk management.
Florida Citizens Property Insurance Corp. plans to make up to $350 million available to private insurers willing to assume its policies, offering low-interest, 20-year loans from its surplus to qualifying take-out companiesthose approved by the state Office of Insurance Regulation to remove policies from Citizens in order to reduce its...
Despite the increased focus on data security, many insurers experienced data breaches in the past 12 months. Here, two attorneys explore compliance regulations in the wake of complex schemes.
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