They may not command the multibillion-dollar premium figures touted by competitors involved in the latest merger deals, but market clout is not necessarily synonymous with size.
The Insurance Exchange is an innovative new business and renewal submission placement platform that enhances the flow of application data between insurance agents, brokers and carriers.
Premiums for commercial transportation insurance business continued falling for almost all types of accounts in the second quarter of 2010, but the number of insurers writing transportation business rose.
With the delivery of warning letters to motor carriers from the Federal Motor Carrier Safety Administration still months away, transportation insurers are struggling to determine how to react.
A new government system monitoring motor-carrier safety will achieve a long-term goal of reducing crashes, experts agree, but it may have a short-term impact of driving up loss severity for inattentive insurance carriers, some warn.
A new government system monitoring motor-carrier safety will achieve a long-term goal of reducing crashes, experts agree, but it may have a short-term impact of driving up loss severity for inattentive insurance carriers, some warn.
Charlotte, N.C.-based wholesale insurance broker AmWINS Group Inc. said its international division, Colemont Global Group, has acquired a majority share of Korea-based CMK Insurance Brokers Company Ltd.