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The airline-insurance industry should be profitable this year if there are no major losses. Additionally, soft-market pricing and ample capacity should continue into 2012, according to Aon Risk Solutions.
The airline-insurance industry should be profitable this year if there are no major losses. Additionally, soft-market pricing and ample capacity should continue into 2012, according to Aon Risk Solutions.
Progressive Direct has agreed to pay a $125,000 fine to Massachusetts because the automobile insurer told consumers it had used credit information to determine rates.
Progressive Direct has agreed to pay a $125,000 fine to Massachusetts because the automobile insurer told consumers it had used credit information to determine rates.
So many insurance-airline programs are now pushed to the fourth quarter that it is becoming increasingly difficult for brokers to manage the renewals effectively, according to a report from insurance broker Willis.
So many insurance-airline programs are now pushed to the fourth quarter that it is becoming increasingly difficult for brokers to manage the renewals effectively, according to a report from insurance broker Willis.
Brown & Brown broke with its tradition of acquiring small accounts to announce it will purchase managing general agency Arrowhead General Insurance for $400 million.
A hard market now would be purely for the purpose of price gouging buyers of insurance, particularly commercial-lines insureds, according to an Americans for Insurance Reform report that says the industrys little understood economic cycle has been used to victimize policyholders for 35 years.
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