The longer the debate over the tax-sharing option within the Nonadmitted and Reinsurance Reform Act rages, the better off the surplus-lines industry is, say legislative-committee leaders of the National Association of Professional Surplus Lines Offices.
The continued soft market and economic changes are still forcing wholesalers to shift their business strategies. Read our panels insights on how to maintain stability, through industry specialization, training and development, investing and customer service.
The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance worlda sign that the market is transitioning from soft...
The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance worlda sign that the market is transitioning from soft...
Ten insurance trade groups have written representatives of states participating in the Nonadmitted Insurance Multistate Agreement (NIMA) in an attempt to get them on board with what is being called the Kentucky compromise.
Ten insurance trade groups have written representatives of states participating in the Nonadmitted Insurance Multistate Agreement (NIMA) in an attempt to get them on board with what is being called the Kentucky compromise.
IBANY membership currently includes more than 30 broker and associate member companies throughout the greater New York Metropolitan area, and represents thousands of insurance professionals.
A soft market hasn't stopped excess and surplus lines industry veterans from building and launching businesses--and wholesale brokerages have been as active as carriers in the early part of 2010.
AmWINS Group Inc. said it has acquired Colemont Insurance Brokers in Dallas, in a move which may make it the nation's largest wholesale brokerage, a consultant suggested.