News

Decisions such as the FEMA's to delay charging market rates for policies sold in certain areas under the deficit-ridden NFIP, could become more common, an insurer group said.

Independent agencies are invited to enter the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.

Non-U.S. firms vaulted up a premium ranking of E&S writers in the United States in 2009, although industry-wide U.S. E&S premiums shrank for the third straight year, an exclusive NU report found.

The National Association of Insurance Women, New York City Chapter, paid tribute to outstanding female achievers in the insurance industry at its annual recognition and award luncheon last week.

The commercial transportation insurance market is far from hard and in some segments, first-quarter 2010 prices were lower than they were last year, according to a just-published survey of market participants.

In its latest "Hot Spots" report, NICB says there is a lower incidence of auto theft across the country.