There's been lot of talk on the acquisition front by excess and surplus lines insurers, but little action to date, even in a year that followed back-to-back declines in organic growth for the segment overall, according to a rating agency analyst.
While a growing number of independent agencies are embracing technology as a key component of their success, some are still not tech-savvy enough to capitalize on the opportunities already at their disposal.
Any agent or broker who hasn't been auditing workers' compensation claims is missing a great opportunity to lower their clients' premiums and foster long-term relationships that can build their business.
W Maurice Greenberg, AIG's former chief executive, said rating agencies need government supervision, while credit default swaps should be regulated as insurance.
Last month we posted an interview on our Web page with Progressive's Karen Barone, national distribution leader for agency business, which proved tobe 0ne of ...
The Florida medical malpractice market is continuing a recovery that began when the state's legislature enacted reforms in 2003, a recent report by the Florida Office of Insurance Regulation states.
A group of nine property and casualty industry trade groups today charged that legislation proposed in Congress, to end the exemption under antitrust laws for healthcare insurers, had a hidden agenda.
While warning against imposing additional laws and new federal overseers on the insurance industry, Maurice Greenberg says rating agencies need government supervision, while credit default swaps should be regulated as insurance.
Strategies of insurer's investments have not changed despite the economic recession and credit crunch, mirroring other major institutional investors, according to a report from The Conference Board.