Rating agency Moodys says second-quarter earnings among P&C carriers are likely to be pressured by losses paid on the May 20 tornado in Moore. Okla.
Burns & Wilcox CEO Alan Kaufman says the wholesale broker is writing more business, and insurance pricing is increasing, but market capacity and the economy are impeding the rate of incline.
Burns & Wilcox CEO Alan Kaufman says the wholesale broker is writing more business, and insurance pricing is increasing, but market capacity and the economy are impeding the rate of incline.
To grow and improve revenue, producers cannot depend on renewals and price changes in the insurance marketplace, but rather must proactively recruit the best sales force and pursue business, the president of agency-consulting firm Marsh, Berry & Co. Inc. says.
The risk of terrorism is having an increasing impact on global organizations. See which nations have improving and worsening outlooks for terrorism risk.
The risk of terrorism is having an increasing impact on global organizations. See which nations have improving and worsening outlooks for terrorism risk.
Faced with attrition in its captive agencies, and a declining number of policies-in-force, Allstate Corp. is turning to a surprising distribution source to drive its brand: independent agents.
As the June 1 Atlantic Hurricane season approaches, AccuWeather.com echoes earlier predictions by saying Atlantic basin residents can expect an active hurricane season.
A survey of independent agents representing four states in the Northeast says the combination of escalating rates and stricter underwriting forced 93 percent to increase their remarketing efforts over last year.