A Guy Carpenter survey says specialty-lines carriers believe maintaining rate levels and new business production pose the biggest challenges for the insurers over the next year.
Swiss Re says it declined 23 of 170 business transactions it screened, determining that they failed to meet the insurer's conditions for proper social, economic and environmental behavior.
Denis Brady has been on the job just a few days, but he has a vision of how the retail insurance brokerage establishment will benefit from Burns & Wilcox Brokerage.
The brother of the chief executive of insurance broker Marsh will lead Victor O. Schinnerer & Co., an underwriting manager of professional liability and specialty insurance programs.
Firemans Fund Insurance Co. has named a new President and CEO, Andrew Torrance, to succeed Lori Fouche, who has left to become president and chief operating officer at Prudential Group.
A recent poll finds Americans are not comfortable with the collection of electronic data and are highly skeptical about it, but give the insurance industry decent marks.
A recent poll finds Americans are not comfortable with the collection of electronic data and are highly skeptical about it, but give the insurance industry decent marks.