Hackers, known for going after large organizations to steal data, now have an eye toward easy pickings in smaller companies, according to Markels IT and data-privacy underwriting expert.

Risk Management Solutions revised catastrophe model, which is frequently cited as a reason for recent rate increases for some property risks, was a hot topic at the National Association of Professional Surplus Lines Offices convention, held in San Diego Oct. 10-12.

American International Group (AIG) lost its long-held spot at the top of the surplus market in 2010 after a 13 percent decrease in direct-premiums written, says insurance-rating-agency A.M. Best Co. in a special report released at this years NAPSLO convention.

A large vessel carrying what looked to be dozens of cargo containers was docked in the San Diego Bay during the first day of the National Association of Professional Surplus Lines Offices convention here.

Hackers, known for going after large organizations to steal data, now have an eye toward easy pickings in smaller companies, according to Markels IT and data-privacy underwriting expert.

Hackers, known for going after large organizations to steal data, now have an eye toward easy pickings in smaller companies, according to Markels IT and data-privacy underwriting expert.

Risk Management Solutions revised catastrophe model has already been mentioned as a reason for insurers rate increases for some property risks, but how are brokers and insureds handling the news that premiums are going up, in part due to a model revision?

A special report on the surplus lines market reveals Lloyds of London has taken over as the leader in surplus-lines market share with 18.3 percent compared with 16.8 percent held by AIG companies.