The general class is stable, but extra capacity has contributed to a buyers market. In addition, agents and brokers will find some transportation accounts tough to write because of increased losses.
London-based risk analysis firm Verisk Maplecroft has put together a Civil Unrest Index that ranks almost 200 countries in terms of their exposure to protests, mass demonstrations, ethnic or religious violence.
NAPSLO's Annual Convention, held from Sept. 9-11 at the Manchester Grand Hyatt San Diego and Marriott Marquis San Diego Marina, saw record attendance once again this year.
It's not much of a stretch to say that an insurer's duty to defend has been litigated over the years at a cost of hundreds of millions of dollars. There are three issues that have accounted for a substantial amount of that litigation.
Insurers beware: A survey shows the majority of U.S. courts now refuse to allow insurers to recoup settlement or defense fees for defenses provided under reservation of rights.