PropertyCasualty360: Property & Casualty Insurance News & Tips

Invisible Killer

Chad Hemenway

Insurers are in the thick of it as sports leagues at all levels confront the complex, legally volatile issue of Traumatic Brain Injuries.
Executive of the Month: John B. Pettit

John B. Pettit

A recent survey conducted by Vertafore found that 77 percent of insurance agencies directly attribute their fiscal growth during 20122013 to the use of technology. How do you respond to that news personally, as a professional who works to find solutions in that space?
Personal Lines Moderating; No Signs of Hardening

Mark E. Ruquet

There are no signs that the personal lines market should be experiencing dramatic upward pressure, and could be moderating thanks to increased premiums and light catastrophe season so far this year.
When Disaster Comes Calling

Bill Coffin

In March 2011, the Tohoku earthquake and tsunami plunged the nation of Japan into its worst crisis since World War II. The magnitude 9.0 undersea earthquake about 43 miles off the peninsula of Tohoku killed some 16,000 people, injured more than 6,000 and left nearly 3,000 missing. It destroyed or...
And You Hit the Ground Running

Shawn Moynihan

Its not every day that Van Halen gets referenced in an insurance magazine.
Q2 Growth Among Private P&C Producers Outpaces Public Brokers

Mark E. Ruquet

Median organic growth among mid-size and large privately held P&C insurance agencies and brokerage firms is outpacing the performance of publicly held brokers, according to a new survey by management consulting firm.
E&O Update: Rate Hikes for Select Sectors

Dave Lenckus

Many professionals are fending off the double-digit rate hikes that longtime underwriters of errors & omissions coverage are seeking, with many of those clients finding themselves able to negotiate flat or only slightly higher rates.
Trans Re: Moving Mountains

Michael Voelker

Although headquartered in New York, Transatlantic Reinsurance Company (TransRe) lives up to its name, writing business on both sides of the Atlanticand the Pacific as well. Being domiciled in the U.S. gives the company significant advantages that offshore reinsurers cant offer, according to President and CEO Michael Sapnar.
Ocean Marine: How Rough is the Water?

Bonnie Cavanaugh, E&S Editor

Reverberations from Superstorm Sandy and the Costa Concordia disaster, as well as frequent movement among carriers both into and out of the segment, have shaped the face of the ocean marine insurance market for the past year.
4 Tips to Sell Cyber to Small and Midsized Businesses

Lisa Doherty, Todd Cusano

Cyber liability insurance is growing by leaps and boundsas fast as EPLI by some comparisons but in a fraction of the time. According to online information security provider Symantec, businesses of all size were a potential target for attackers in 2012.
Bank-Owned Insurance-Broker Revenues Slip for Two Major Players

Mark E. Ruquet

First-quarter fee income for bank-owned insurance brokerage firms slipped more than 5 percent largely due to the income drop at two major brokerage firms, Wells Fargo and Citigroup.

National Underwriter Property & Casualty-September 2013

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