Sen. Dick Durbin, D-Ill., is warning that the federal government needs to do more to respond to growing demands for disaster assistance in the wake of “stronger weather events.”

MarketScout says insurance premium rates are in their third month of moderation, indicating that a pricing “correction” is finally going on as some lines of business are showing price increases.

MarketScout says insurance premium rates are in their third month of moderation, indicating that a pricing “correction” is finally going on as some lines of business are showing price increases.

The specialty lines insurance industry has been a hotbed of merger-and-acquisition activity over the past year, with deals for niche specialty brokers and managing general agents getting the most attention. PropertyCasualty360 takes a look back at some of the observations dealmakers and consultants have shared this year about the abundance...