News

Outsized profits managed by Bermuda-based primary insurers and reinsurers in the last decade will inevitably drop this year in light of falling rates in the marketplace, a major reinsurance brokerage

In a statement, Guy Carpenter, a subsidiary of services company New York-based Marsh & McLennan Companies, also the parent of insurance broker Marsh, said, "As part of a strategic initiative to better

In a statement, Guy Carpenter, a subsidiary of services company New York-based Marsh & McLennan Companies, also the parent of insurance broker Marsh, said, "As part of a strategic initiative to better

SAN DIEGO--More than half of U.S. businesses sustained a harmful high impact loss event they thought was unlikely to occur last year, still nearly half took no risk management steps to prevent a reoccu

Whose fault is it when properties are underinsured? The policyholder? The agent? The insurance carrier? That's the question we posed to National Underwriter readers, after last year's California wildf

While the Risk and Insurance Management Society leadership is excited about the recent Bush administration endorsement of an optional federal charter, would direct regulation of insurers and brokers b