Search Results

Claim severity is up in D&O; so why is pricing so competitive?

The scope of what is considered 'advertising' under a commercial general liability policy is broad and complicated.

Despite increased demand and claims activity, it's still a buyer's market in most areas of Environmental insurance

As natural catastrophes proved once again to be few and the Property & Casualty industry continued to be viewed as an attractive investment for alternative-capital sources looking to place their bets, carriers looking to get rate in a market made increasingly competitiveand softhad different ideas about how to achieve growth.

Take-up can be modest, but it won't be for long: Claims experience informs both underwriting strategies and the perspectives of potential clients.

El Nio gets a lot of publicity in relation to major storms, such as Hurricane Patricia or severe blizzards, but it can have an impact on day-to-day weather as well, explains Elaine Montgomery-Baisden, vice president and chief underwriting officer, Personal Insurance, for Travelers.

To assess risk management strategies among its members, RIMS conducted its first cyber survey, asking about insurance investments, exposures, cyber security ownership and government involvement, as well as identification methods and response procedures.

Anyone who has been in the insurance industry long enough has heard it before: This market cycle is different. This time, though, even veteran Excess and Surplus (E&S) Lines professionals believe it might be the case.