Property and casualty insurers and agents and brokers led the way for insurance-industry employment gains in December 2013, although the figures for P&C carriers have been recalibrated, throwing off some of the historical employment figures reported in 2013.
Floridas Citizens Property Insurance Corporation says its policy count has dropped below 1 million for the first time since 2006, a development that industry representatives called a step in the right direction for the state's property market.
Floridas Citizens Property Insurance Corporation says its policy count has dropped below 1 million for the first time since 2006, a development that industry representatives called a step in the right direction for the state's property market.
Commercial-lines agents and brokers say pricing continued to moderate in the fourth quarter, a trend seen throughout 2013, according to the Council of Insurance Agents & Brokers latest quarterly pricing survey.
Revenue growth in both its consulting and risk and insurance services boosted Marsh & McLennan Companies 2013 fourth-quarter net income to $303 million, compared to $259 million in the previous years fourth quarter.
Revenue growth in both its consulting and risk and insurance services boosted Marsh & McLennan Companies 2013 fourth-quarter net income to $303 million, compared to $259 million in the previous years fourth quarter.
Google continues to ambitiously expand its capabilities in and beyond the digital and mobile realms, creating an environment that presents new opportunities and challenges for insurers, according to a Strategy Meets Action research brief.
Google continues to ambitiously expand its capabilities in and beyond the digital and mobile realms, creating an environment that presents new opportunities and challenges for insurers, according to a Strategy Meets Action research brief.
Workers compensation and commercial auto risks saw the steepest rate increases in January at +4% compared to the same month in 2013, but the commercial-lines market overall continued its moderating trend, MarketScout says.
This year should see more negative rating actions than positive ones due in large part to the likelihood of insurers taking reserve charges, says A.M. Best.