Agency Management

The vast majority of domestic specialty carriers put the size of the program business market at $20 billion or over in a recent survey, and a third of the respondents believes the market is over $40 billion.

Implementation of the federal law streamlining multistate taxation and regulation of business placed in the E&S market is rapidly morphing into an intense confrontation between industry representatives and state regulators.

Over the years, the insurance industry has made significant contributions to the advancement of business and financial risk management.

Even though enterprises large and small are losing the battle against cyber attacks, specialty insurers are expanding coverages triggered by computer privacy breaches as rapidly as new enemies emerge to pursue new targets, experts said here.

Just 20 years ago, the answer was simple. Need an insurance agent? Pick up a phone book.

Over the last four decades, outsourcing has morphed as business models evolved, technology advanced and competition for resources and expertise expanded.

So much is going on in the world of sustainable construction, green construction products, LEED (Leadership in Energy and Environmental Design) and other green initiatives--and all these activities appear to be moving fast.

For the most part, participants in the excess and surplus lines industry expect a replay of 2010 market conditions in 2011.