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The U.S. governments fiscal watchdog said today the federal government could ultimately make more than $15 billion from its investment in American International Group, an investment the government said was necessary to save AIG from insolvency.
The U.K. governments plan for whiplash-injury reforms is positive for the general insurance industry operating in the whiplash capital of Europe, according to Moodys Investors Service.
PC360 speaks with Bill Pritchard, president of Beacon Hill Associates, a wholesale broker specializing exclusively in environmental-insurance solutions for commercial insureds. He addresses capacity, pricing, emerging risks, and top-of-mind concerns among both buyers and carriers.
Commercial property and casualty rates were up 3 percent in April compared to the same month a year ago, and admitted carriers may be in the beginning stages of ceding risks back to the non-admitted market, according to MarketScout.
A long-simmering dispute between Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.
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