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Median organic growth among mid-size and large privately held P&C insurance agencies and brokerage firms is outpacing the performance of publicly held brokers, according to a new survey by management consulting firm.
First-quarter fee income for bank-owned insurance brokerage firms slipped more than 5 percent largely due to the income drop at two major brokerage firms, Wells Fargo and Citigroup.
There are no signs that the personal lines market should be experiencing dramatic upward pressure, and could be moderating thanks to increased premiums and light catastrophe season so far this year.
The Oklahoma Insurance Department says payments from the devastating May tornado outbreak across central Oklahoma have now topped $1 billion.
The Oklahoma Insurance Department says payments from the devastating May tornado outbreak across central Oklahoma have now topped $1 billion.
The Insurance Institute for Highway Safety says six small cars received its Top Safety Pick+ award, earning a good rating in at least four of five categories in the IIHS small overlap front crash test.
The Insurance Institute for Highway Safety says six small cars received its Top Safety Pick+ award, earning a good rating in at least four of five categories in the IIHS small overlap front crash test.
Two updated forecasts for the 2013 Atlantic Hurricane Season slightly reduce the number of named storms expected this year, but there is no change in the expectation for another above-average season.
There are no signs that the personal lines market should be experiencing dramatic upward pressure, and could be moderating thanks to increased premiums and light catastrophe season so far this year.
Marsh & McLennan Cos. reported strong second-quarter earnings, with net income increasing 18 percent backed by growth in its risk & insurance and consulting services segments.
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Ruquet" } ], "kickerNode": [], "summary": "Median organic growth among mid-size and large privately held P&C insurance agencies and brokerage firms is outpacing the performance of publicly held brokers, according to a new survey by management consulting firm.", "body": null }, { "uri": "/2013/09/04/bank-owned-insurance-broker-revenues-slip-for-two-major-players/", "title": "Bank-Owned Insurance-Broker Revenues Slip for Two Major Players", "byline": "Mark E. Ruquet", "kicker": "", "prettyDate": "September 04, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [], "summary": "First-quarter fee income for bank-owned insurance brokerage firms slipped more than 5 percent largely due to the income drop at two major brokerage firms, Wells Fargo and Citigroup.", "body": null }, { "uri": "/2013/09/04/personal-lines-moderating-no-signs-of-hardening/", "title": "Personal Lines Moderating; No Signs of Hardening", "byline": "Mark E. Ruquet", "kicker": "", "prettyDate": "September 04, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [], "summary": "There are no signs that the personal lines market should be experiencing dramatic upward pressure, and could be moderating thanks to increased premiums and light catastrophe season so far this year.", "body": null }, { "uri": "/2013/08/26/staggering-okla-tornado-losses-top-1b/", "title": "‘Staggering’ Okla. Tornado Losses Top $1B", "byline": "Mark E. Ruquet", "kicker": "", "prettyDate": "August 26, 2013", "timeToRead": "1 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [], "summary": "The Oklahoma Insurance Department says payments from the devastating May tornado outbreak across central Oklahoma have now topped $1 billion.", "body": null }, { "uri": "/2013/08/09/okla-insurance-commish-staggering-tornado-losses-t/", "title": "Okla. Insurance Commish: ‘Staggering’ Tornado Losses Top $1B", "byline": " Mark E. Ruquet ", "kicker": "News", "prettyDate": "August 09, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The Oklahoma Insurance Department says payments from the devastating May tornado outbreak across central Oklahoma have now topped $1 billion.", "body": null }, { "uri": "/2013/08/08/best-and-worst-small-cars-for-safety/", "title": "Best and Worst Small Cars for Safety", "byline": " Mark E. Ruquet ", "kicker": "Slideshow", "prettyDate": "August 08, 2013", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/slideshow/", "sectionName": "Slideshow" } ], "summary": "The Insurance Institute for Highway Safety says six small cars received its Top Safety Pick+ award, earning a good rating in at least four of five categories in the IIHS small overlap front crash test.", "body": null }, { "uri": "/2013/08/08/best-and-worst-small-cars-for-safety/", "title": "Best and Worst Small Cars for Safety", "byline": "Mark E. Ruquet", "kicker": "Slideshow", "prettyDate": "August 08, 2013", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/slideshow/", "sectionName": "Slideshow" } ], "summary": "The Insurance Institute for Highway Safety says six small cars received its Top Safety Pick+ award, earning a good rating in at least four of five categories in the IIHS small overlap front crash test.", "body": null }, { "uri": "/2013/08/08/forecasters-reduce-hurricane-season-outlook-still/", "title": "Forecasters Reduce Hurricane Season Outlook; Still Expect Above Average Activity", "byline": " Anya Khalamayzer, Mark E. Ruquet ", "kicker": "News", "prettyDate": "August 08, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/anya-khalamayzer-mark-e-ruquet/", "name": "Anya Khalamayzer, Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Two updated forecasts for the 2013 Atlantic Hurricane Season slightly reduce the number of named storms expected this year, but there is no change in the expectation for another above-average season.", "body": null }, { "uri": "/2013/08/07/personal-lines-moderating-no-signs-of-hardening-2/", "title": "Personal Lines Moderating; No Signs of Hardening", "byline": " Mark E. Ruquet ", "kicker": "News", "prettyDate": "August 07, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "There are no signs that the personal lines market should be experiencing dramatic upward pressure, and could be moderating thanks to increased premiums and light catastrophe season so far this year.", "body": null }, { "uri": "/2013/08/07/marsh-mclennan-reports-strong-q2-results/", "title": "Marsh & McLennan Reports Strong Q2 Results", "byline": "Mark E. Ruquet", "kicker": "News", "prettyDate": "August 07, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/mark-e-ruquet/", "name": "Mark E. Ruquet" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Marsh & McLennan Cos. reported strong second-quarter earnings, with net income increasing 18 percent backed by growth in its risk & insurance and consulting services segments.", "body": null } ] } }
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