News

With an eye towards jump-starting national momentum for reform, two House representatives from North Dakota and Kentucky led efforts to become the country’s first legislative bodies to approve a Surplus Lines Insurance Multistate Compliance Compact (SLIMPACT) this week.

With an eye towards jump-starting national momentum for reform, two House representatives from North Dakota and Kentucky led efforts to become the country’s first legislative bodies to approve a Surplus Lines Insurance Multistate Compliance Compact (SLIMPACT) this week.

Insurers are certainly looking closer at their underwriting systems because their margins are being squeezed tight. They are looking for ways to increase those margins because they don’t anticipate any rate relief coming soon.

Natural gas exploration companies and public risk managers have a number of issues to consider—from environmental risks of the extraction process to risk transfer—before embracing the process of hydraulic fracturing.

Insurance broker Marsh has named David Bidmead to the newly created role of chief executive officer of Marsh U.S.

With 2011, budgets holding within historically average ranges, insurer priorities are focused on core policy administration environments, agent portals, and business intelligence, all with a goal of improving business agility, insights, and service quality.