Commercial Lines

On the heels of certain reforms in Florida's 2013 Legislative Session, the James Madison Institute and the R Street Institute released a policy study outlining pragmatic reforms for a meaningful effect on stabilizing the Florida property insurance market without requiring big hikes in primary insurance rates.

The upward trajectory of commercial rates "lost some steam in October," says MarketScout CEO Richard Kerr.

Despite a well-capitalized insurance market, the price of propertycatastrophe insurance is surprisingly flat as insurers resist competitive pressure, maintain underwriting discipline and offer lower prices only to select accounts.

Tips for risk managers on what to do before securing EPL coverage, and what to do when an EPL claim arises.

XL Group, the insurer led by CEO Mike McGavick, hired David Miller as senior vice president and head of claims for international property and casualty coverage.

Central Insurance Companies, a property and casualty insurance group operating in 18 states, produces informative videos to help commercial- and personal-lines buyers, as well as agents, understand insurance policies and coverages.