The Pricing/Capacity Picture
Michael P. Voelker
For the vast majority of main-street FEC businesses, market capacity is still strong.
Michael P. Voelker
For the vast majority of main-street FEC businesses, market capacity is still strong.
Michael P. Voelker
From hamster balls to wall-to-wall trampolines, family entertainment centers look for new ways to attract more people looking to have fun. But that fun comes with risks that come at an increasingly costly price to insure.
James Murdock
Phillys execs run the extra mile to service specialty niches.
Chad Hemenway
Carriers and brokers alike repeat the same line when talking about providing commercial clients with Lead- and Excess Umbrella coverage: One million dollars aint what it used to be.
Mark E. Ruquet
Independent insurance agents have a lot to offer startup businesses besides just insurance-coverage opportunities, according to one Travelers executive.
Mark E. Ruquet
Liberty Mutuals CEO left no doubt as to where he believes the blame lies for inadequate Workers Compensation rate levels: the states, criticizing New York and Massachusetts in particular for not approving steeper increases.
Arthur D. Postal
Insurance agents and brokers will be among those most impacted by an increase in estate-tax liability if Congress is unable to bridge the ideological divide on extending the Bush-era tax cuts.
Convicted child abuser Gerald Sandusky has looked to his homeowners insurer, State Farm, for defense and indemnity costs related to his criminal trial and a civil lawsuit filed against him.
James Murdock
I dont think youre going to find many insurance-company CEOs who have qualified for and competed in the Hawaii Triathlon twice, says Jamie Maguire Jr. (left), chairman & CEO of Philadelphia Insurance Cos. Both he and President & COO Sean Sweeney (right) compete in Ironman events.
James Murdock
Philadelphia Insurance Cos. has long been known as a primary carrier that will provide coverage for specialty lines that are otherwise unavailable except through the excess-and-surplus market. This spring, though, it decided to go a step further and institute its own E&S division.
James Murdock
When Tokio Marine Holdings Inc. announced it would acquire Philadelphia Consolidated Holding Corp. for $4.8 billion in July 2008near the height of the global economic meltdownmarket-watchers were impressed but not overly surprised at the hefty price tag. Some four years on, many agree, the deal still looks smart.
Mark E. Ruquet
The worst drought faced by the United States in decades is expected to cause as much as $68 million in third-quarter Crop Insurance losses for Ace Ltd., says the companys chief executive.
Kathryn Soderberg
I arrived at my office at the usual 8:15 a.m. with my coffee mug, briefcase and workout bag. Two Hispanic men in painters clothes were already at my office awaiting my arrival.
Shawn Moynihan
Columbus, Ohio-based insurer SafeAuto has been a family-owned and operated business for 19 years, but on Aug. 13 an outside executive will take the reins as CEORon Davies, who most recently served as Senior Vice President of Product Management at Allstate. (Founders Ari Deshe, chairman & CEO, and Jon Diamond,...
Mark E. Ruquet
Arthur J. Gallaghers move to offer a private-insurance-exchange platform is a smart strategy for leveraging the health-care-reform law into new solutions for employee-benefit clientsbut smaller brokers may find it difficult to duplicate such an offering, says one industry watcher.
Anya Khalamayzer
To successfully protect their organizations in an increasingly risky and litigious world, its imperative that risk managers and in-house counsel partner closely with each other. NU spoke with several members of our Risk Managers Advisory Board to hear about the most pressing challenges their legal and risk departments are working...