Keep pace with today’s business world and the pivotal issues impact your commercial lines insurance clients with news and information about industry trends, best practices, emerging risks, and recovering from major losses.
Risk managers and financial executives who are facing property renewals have significant concerns about the availability and pricing of coverage, according to a global survey.
A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short termif everthe investment it has made in American International Group.
A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short termif everthe investment it has made in American International Group.
Airline insurance claims dropped 66 percent below 2010s loss numbers, and pricing in the marketplace exhibited stability through the 2011-2012 renewal period, says insurance broker Aon.
Airline insurance claims dropped 66 percent below 2010s loss numbers, and pricing in the marketplace exhibited stability through the 2011-2012 renewal period, says insurance broker Aon.
Fitch Ratings has placed Old Republic International Corporation's (ORI) A insurer financial strength rating and BBB issuer default rating on Rating Watch Negative due to continued troubles at its mortgage-insurance subsidiary.
Despite record losses for the insurance industry in 2011, low interest rates and continued economic volatility affecting insurers earnings, there is no indication that the commercial-insurance marketplace is making a hard-market turn, says the chief executive of Marsh.