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It has been almost two weeks since Facebook faltered out of the gate in its initial public offering, and while lawsuits filed claiming improprieties may take a while to pan out, insurers are indicating to brokers that coverage changes may be coming.
Lawmakers and industry and government officials are pushing for a robust role abroad for the U.S. Federal Insurance Office (FIO) to increase international competitiveness for the U.S. insurance industry.
Progressive could be the biggest beneficiary if increasing personal-lines rates trigger more shopping behavior among consumersas the Ohio-based insurer typically gains share when rates rise, according to a Stifel Nicolaus report.
Beazley Group has launched a new version of its Beazley Breach Response (BBR) solution: one tailored for smaller firms with revenues of less than $10 million.
More than $2 billion in catastrophe-bond maturities are not expected to impact the overall size of the market as new money funneling in should keep the industry growing, according to a Guy Carpenter report.
When it comes to insurers attitudes toward underwriting automation, it shouldnt be a matter of if and when but rather what and how, says Deb Smallwood.
Tech Decisions magazine, a Summit Business Media publication, has partnered with CastleBay Consulting to develop Shop Talk, a best practices book for the property & casualty industry. Written by George Grieve, Shop Talk is a compilation of his articles written for Tech Decisions over the last five years.
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