Markets

Although reinsurance prices were down for the June 1 renewals, one reinsurance executive recently speculated that price hikes in the insurance loss warranty (ILW) market

One catastrophe risk management firm said there is more than a 40 percent chance that by the end of August, at least a tropical storm will pass over

In the amateur sports insurance world, technology has proven to be an invaluable aid in the distribution of the product, making sales easier and providing services quickly and easily for agents and clients to access.

In Hollywood, a movie sequel is seldom as compelling as the original.

Surplus lines producers who previously saw technology as a source of disruption to their business model, and retail agents who once had limited access to global specialty markets, are having their needs addressed, executives said here.

Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.

The Treasury Department's authority to conclude bilateral trade agreements on insurance with foreign countries will be considerably watered down.

With summertime in full swing, many people have turned their attention to fun in the sun, making it a busy time for organized sports activities