The influx of admitted insurance players into the wholesale market--driven by an ongoing soft market and a recession--means today's wholesale brokers, MGUs and MGAs must be more focused than ever...
The National Association of Insurance Commissioners has approved a proposal to develop a new model for rating residential mortgage-backed securities (RMBS) held by insurers.
A global temperature spike of 7.2 degrees Fahrenheit (4 Celsius) on average would increase insured flood losses in Great Britain 14 percent and Chinese typhoon losses 32 percent, a study has found.
A global temperature spike of 7.2 degrees Fahrenheit (4 Celsius) on average would increase insured flood losses in Great Britain 14 percent and Chinese typhoon losses 32 percent, a study has found.
Hurricane Rick should do little damage in hitting the expensive insured commercial properties in Mexico's Baja Peninsula, AIR Worldwide catastrophe modeling firm said.
While the use of salvage air bags can reduce cost, ASA believes that safety could be severely compromised and that shop owners could be placed at risk for installing salvage air bags.
Florida independent agents and brokers contemplating mergers or acquisitions are at a crossroads -- a seminal moment in time that brings an end for some and a profound new beginning for others.
Few Brazilian farmers buy agricultural insurance, in part, because product offerings don't meet their needs, they lack insurance awareness and the budget is low for premium subsidies, a study found.