News

Insurance groups are praising the Florida Legislatures passage of a commercial-lines rate-deregulation bill and are indicating that they may push to expand such a regulatory structure to personal lines in the future.

Insurance rates are showing signs of stability despite the catastrophe losses earlier this year, but catastrophe-exposed risks in North America will probably see increases in the mid-single-percent range, according to a report from Willis Group Holdings.

Insurance rates are showing signs of stability despite the catastrophe losses earlier this year, but catastrophe-exposed risks in North America will probably see increases in the mid-single-percent range, according to a report from Willis Group Holdings.

Companies are operating with a false sense of security when it comes to cyber attacks, according to a new survey from Towers Watson.

Companies are operating with a false sense of security when it comes to cyber attacks, according to a new survey from Towers Watson.

A near-term pricing shift for commercial lines is unlikely, and recent deterioration in underwriting results has led to a decline in premium revenues unseen since the 1930s, according to a recent Fitch Ratings report.