Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Can you imagine a world where there are no traffic accidents? What would such a world mean to the hundreds of personal lines insurance carriers that offer personal auto coverage?
Lloyds is turning the calendar ahead to the year 2025 in a high-profile effort to re-emphasize its goals for growth in the specialty insurance and reinsurance marketplaces.
The head of American International Groups commercial-insurance division says the bailed-out insurers reputation is not an issueand, in fact, competitors may have erred by not working harder to take AIGs insurance business when it was on the verge of collapse.
Markel Corp. indicates talk of a hard market may be premature, as insurers are not exhibiting the same underwriting discipline for new business as they are for renewals.
Catastrophe-bond activity reached record levels in 2012s first quarter, exceeding last years placements by more than $300 million, says Guy Carpenter. The reinsurance broker issued a report saying that total global catastrophe-bond placements reached $1.34 billion issued through eight transactions.
Risk Management Solutions Version 11 catastrophe model is shifting rates higher and causing some risks to move from the admitted market back to excess-and-surplus-lines carriers, but the leader of one managing general agent group is concerned about the models overall impact on underwriting practices.
The medical-liability insurance industry has recently seen positive results and is working to minimize the peaks and valleys that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.