News

Underwriters of property coverage for mining operations identify business interruption as one of their biggest challengesbecause severe fluctuations in commodity pricing can make it difficult to accurately gauge the ultimate exposure.

Premium volume for Combined Agents of America LLC, an Austin, Texas-based agency-cluster group, grew by 21 percent in 2011 with the addition of three new members and increased organic growth.

Although the Nonadmitted and Reinsurance Reform Act (NRRA) went into effect in July of last year, states are continuing to debate which, if any, tax-sharing option to adopt.

SeaPass Solutions Inc., a provider of Web-based insurance-distribution solutions to the P&C industry, has introduced a pair of insurance portalsthe SeaPass E&S Carrier Portal and the Distribution Portal.

Commercial property and Workers Compensation continue to lead rate increases in MarketScouts latest survey on market conditions.

Travelers has rolled out Intelli-Drive Fleet Safety Solutions, which uses telematics technology to implement fleet-safety programs.