News

Personal-auto insurers have continued to implement rate increases to counter weakness in the segments performance over the last several years, but unusual catastrophe losses and rising claim severity prevented strong improvement in underwriting performance for 2012, says Fitch Ratings.

New program from the Hanover Insurance Group and OMS National Insurance Co. GJS acquired Network E&S Insurance Brokers' book of California business. Philadelphia Insurance Cos. offers new media coverage.

In today's competitive marketplace carriers have no margin for wastewhether time or resources. Inefficient underwriting processes and systems jeopardize underwriting profitability as well as new business production. For many insurers, the solution can be achieved through account-based underwriting built on the Three Rs of enterprise underwriting: Reduce, Reuse,...

In today's competitive marketplace carriers have no margin for wastewhether time or resources. Inefficient underwriting processes and systems jeopardize underwriting profitability as well as new business production. For many insurers, the solution can be achieved through account-based underwriting built on the Three Rs of enterprise underwriting: Reduce, Reuse,...

A cigar collection rumored to be Cuban required appraisal, raising some interesting legal implications.

When a shopper is injured at the mall, the stores insurer consults the lease agreement. But what happens when the indemnification clause is either non-existent or too vague to be enforced?