Market Insights

Program business constitutes one of the most innovative segments of the insurance industry. Particularly for businesses that have difficulty obtaining coverage, program administrators often are able to draw on their expertise in a niche to develop

(The following article is based on Ms. Vargas' seminar at the AAMGA University Weekend, which was held in August in Scottsdale, Ariz.) For many companies, losing an employee is like falling victim to a natural disaster. The vacancy, like a tornado's

When Lawrence "Mac" Wesson Jr., 2005-2006 president of the National Association of Professional Surplus Lines Offices, welcomed members to the organization's annual convention, held in September in San Francisco, he outlined several

The softer market seems to be a topic of daily conversation. One hopes the softening will not result in the drastic under-pricing that occurred in the '90s and that instead everyone will benefit from a more moderate cycle. Be that as it may, premiums

Banks are complicated, highly regulated entities, and insuring them can be quite a challenge. It's a challenge I enjoy, however. Indeed, I've been helping such financial institutions manage their risks for 30 years, often in connection with their own

Program business constitutes one of the most innovative segments of the insurance industry. Particularly for businesses that have difficulty obtaining coverage, program administrators often are able to draw on their expertise in a niche to develop

Fraudulent insurance claims can be difficult to analyze.

The current market for steel is tough worldwide, and insurance companies that deal with damage claims in this area are really feeling the pinch.