News

News from Willis, Fireman's Fund, Century Risk Advisors, PMC Insurance, Paul Davis National, Glatfelter Public Practice and more

Evan Bull to lead team of wholesale property experts

The debate continues over a controversial Consumer Federation of America report released last month holding that only through Californias Proposition 103 has the state managed to control the cost of auto insuranceimplying that in most other states, oversight of auto insurance is lax, and rates are therefore too high.

The debate continues over a controversial Consumer Federation of America report released last month holding that only through Californias Proposition 103 has the state managed to control the cost of auto insuranceimplying that in most other states, oversight of auto insurance is lax, and rates are therefore too high.

Catastrophe-reinsurance pricing will likely see a low-double-digit drop at Jan. 1 renewals thanks to the quietest U.S. Atlantic hurricane season in decades, says Fitch. And a Fitch analyst says alternative capital, which is also pressuring rates, is likely here to stay even in the event of a major loss.

This year's inductees to the CAIF Fraud Hall of Shame lied, robbed, and even killed. Read about the congressman who lost it all and the arsonist who harmed his children and pregnant wife for insurance money.