Leadership in Florida seems committed to shrinking the size of the states exposures to a major hurricane, says Robert Hartwig, president of the Insurance Information Institute.
A survey of employees at independent agencies has revealed that many clients do not understand their fiduciary exposures. Nearly 80 percent of agents say clients tell them they dont feel like there is an exposure.
State Auto Financial Corp.s CEO says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota-share treaty.
Pricing in the property and casualty insurance industry may be on the risebut several signs point to worsening returns on equity and earnings per share, says financial-services specialists Keefe, Bruyette and Woods (KBW).
Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.
Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.
Nearly of a third of participants in a Torus survey say pricing uncertainty is a major concern for the management and professional liability insurance market.
Nearly of a third of participants in a Torus survey say pricing uncertainty is a major concern for the management and professional liability insurance market.
Pennsylvania State Universitybecause it is included among a select group of schools that are neither public nor privateis still open to civil ligation.