Mobile-home owners in Florida insured by the states residual property insurer will see rates rise by an average of 0.3 percent, the states Office of Insurance Regulation said late yesterday.
The chief executive of a hedge fund disputed the assertion in a New York Times article that Allied World Assurance Co. made a substantial investment in his firm.
Commercial-lines rates continued to climb in September, rising by 5 percent compared to the same month a year ago, according to MarketScouts latest analysis.
Global property and casualty insurance rates increased by less than one percent for major lines during the third quarter this year, indicating that prices may be stabilizing, says a report from insurance broker Marsh.
Global property and casualty insurance rates increased by less than one percent for major lines during the third quarter this year, indicating that prices may be stabilizing, says a report from insurance broker Marsh.
While insurers continue to achieve rate increases in workers compensation, experts say it is not yet enough to make up for rising costs and low investment income.
While insurers continue to achieve rate increases in workers compensation, experts say it is not yet enough to make up for rising costs and low investment income.
If one compares this years meeting of the Council of Insurance Agents & Brokers to last year, the most notable change was a lack of anxiety among attendees when discussing the market direction.