Commercial Lines

If producers were hopeful that a turnaround in the soft market would take place this year, they will be sadly disappointed, as a combination of factors points to a continuation of the current conditions, said Chartis’ U.S. Chief Executive John Q. Doyle.

When push comes to shove, commercial insurers would rather keep business than hold pricing or introduce an increase at renewal.

The House voted late Wednesday mostly along party lines to repeal the health care reform law enacted last April.

Grange Insurance is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers.

A weekly update of agent and broker-related tweets from the editors of American Agent & Broker and PropertyCasualty360.com.

The world has become a riskier place to do business as more nations were judged to have increased political perils that could adversely affect commerce, according to the latest Aon Political Risk Map.

The airline insurance market is in line for another $2 billion-plus in claims in 2010, the third time in four years, according to an insurance broker’s report.

Kansas City, Mo.-based insurance broker Lockton said it has received approval from the China Insurance Regulatory Commission to open a new branch office in China, based in Beijing.