MGAs and MGUs are targets for M&A because of their perception as "virtual insurance companies" and their ability to generate underwriting profits.
Agents who never or seldom handled vacant property are now learning the ropes and are looking for answers to some basic, as well as not so basic, questions.
Agents who never or seldom handled vacant property are now learning the ropes and are looking for answers to some basic, as well as not so basic, questions.
When it comes to controlling their total cost of risk, 64 percent of corporate risk and finance managers surveyed said their top concern was their retained cost of claims, including from captives.
In the wake of the financial crisis, the captive industry is running into new stumbling blocks that can triple the time it takes to set up a captive, according to a captive manager here.
Overall auto insurance claims experience satisfaction among consumers dipped in 2010 compared to 2009 due to a decrease in settlement satisfaction, according to J.D. Power and Associates.