Commercial Lines

It may have seemed like horrible timing when Susan Rivera was starting up a program business-focused MGA in late 2009, but there were several advantages to launching in the wake of a global financial crisis and about six years into a soft property and casualty insurance market, she says.

Why do most insurance agencies totally ignore the most important day of the year for workers’ compensation? And I'm not talking about the renewal date.

Why do most insurance agencies totally ignore the most important day of the year for workers’ compensation? And I'm not talking about the renewal date.

Peter Mullen was named chief executive officer of Aon Global Risk Consulting’s Captive and Insurance Management operations.

First quarter renewals are no indicator of the direction the airline insurance market will take in 2011 due to the limited number of airlines renewing their insurance programs, an insurance broker’s report says.

A drop in catastrophe losses and an uptick in net written premiums improved results for the auto, home and business insurer.

Marsh & McLennan Cos. has named Daniel S. Glaser, chief executive of the company's brokerage firm Marsh, as its new group president and chief operating officer. The promotion has set off several other management moves to fill Glaser's old role.

In financial terms, nuclear incidents can be so devastating that the cost of full insurance would be so high as to make nuclear energy more expensive than fossil fuels.