Its only as strong as your weakest link

The run of agent and broker monthly employment gains that began in June 2013 ended in March, as the subsector shed 200 jobs during that month, according to an analysis of the latest BLS figures.

In March, MarketScouts Market Barometer showed that rate increases picked up steam ever so slightly to plus-3%, but in April, a multitude of factors caused rates to moderate again to plus-2%.

Marsh & McLennan President and CEO Dan Glaser says he anticipated a pretty tough year for Guy Carpenter given challenges in the reinsurance market overall, but adds the business is "a true Jewel" for MMC.

RIMS president Carolyn Snow has a message for risk managers attending this years Annual Conference and Exhibition in Denver: get out and share your experiences, and soak in the experiences of your colleagues.

As risk managers and insurance professionals prepare to assemble at the RIMS 2014 Annual Conference & Exhibition this weekend in Denver, risk managers on NU's editorial board discuss cyber risk, buying insurance direct and online and the state of the market.

W.R. Berkley Corp. Chairman and CEO William R. Berkley vigorously defended the companys reserving practices on an investor conference call today, stating that, if anything, the insurer leans toward being more conservative.

The MGA business model has changed and become more stable since the 1990s and early 2000s, when the market entered a period of volatility due to MGAs association with the failures of multiple insurers, says a new report.