The Risk Management Solutions Version 11 catastrophe model is shifting rates higher, and causing some risks to move from the admitted market back to excess and surplus lines carriers, but a leader of a managing general agent group cited concerns with the models impact on how insurers underwrite risks.
The Risk Management Solutions Version 11 catastrophe model is shifting rates higher, and causing some risks to move from the admitted market back to excess and surplus lines carriers, but a leader of a managing general agent group cited concerns with the models impact on how insurers underwrite risks.
The catastrophes of 2011 were notable for their frequency and severity, and insureds should take away lessons from the year regarding what to look for in insurance policies to maximize coverage for future events, insurance broker Marsh says.
This year's AAMGA meeting featured three well-known figures from the world of politics and sports. See what wisdom Paul Begala, Tucker Carlson and Terry Bradshaw imparted on the E&S brokers.
Perpetuation remains a significant concern for the property and casualty insurance industry, but the leadership of a leading excess and surplus lines association believes it has developed a message that is attracting new talent.
A long-simmering dispute between Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.
A long-simmering dispute between Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.
Aon reports net income dropped 3 percent for the first quarter of this year as foreign exchange translation and investment in internal operations impacted the results.
State Auto Financial Corp. reports a net loss of $2 million for the first quarter of this year as the combination of underwriting loss and increased expense weighed on results.