The Flood Insurance Market Parity and Modernization Act aims to preserve the surplus lines market's ability to provide supplemental coverage options that go beyond NFIP.
H.R. 2901 may not lead to an immediate flow of policies to the private market, but the bipartisan, industry-supported bill would let insurers experiment.
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.
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.
NAPSLO's 2015 Annual Convention, held at the Manchester Grand Hyatt San Diego and Marriott Marquis San Diego Marina, drew record attendance this year, reinforcing the industry sentiment that business in the Surplus Lines market remains, in a word, excellent.
Kelley joins NU for a conversation about the state of the E&S business, the evolution of cyber risk and communicating the message of wholesaler value.