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Experts say the overall insurance-aviation market is expected to remain flat for the rest of this year and begin 2012 at the same level, with pricing driven primarily by individual risk assessment, according to a recent report from Aon.
Experts say the overall insurance-aviation market is expected to remain flat for the rest of this year and begin 2012 at the same level, with pricing driven primarily by individual risk assessment, according to a recent report from Aon.
EMC Insurance Group Inc. says a record $26.4 million in third-quarter catastrophe losses, combined with a drop in investment income, caused the insurer to report a net loss of $4.1 million for the quarter.
State Auto Financial Corp.s chief executive says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota share treaty.
State Auto Financial Corp.s chief executive says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota share treaty.
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