While the history of the specialty insurance market is marked by periods when carriers turned away from managing general agents handling program business, such MGAs will forever have a place in the
Bernie Heinze, executive director of the King of Prussia, Pa.-based American Association of Managing General Agents, said Scottsdale's unspecified "leadership gift"--the biggest gift pledged to date--me
To ensure procedures that seem like harmless aesthetic treatments don't turn into costly cosmetic surgery nightmares for liability insurers, underwriters need to keep their eyes open and ask
The rating agency presented its conclusion--along with the finding that Bermuda insurers have paid income taxes at a rate roughly 15 points lower than the rate for U.S. companies--in a recently
Insurers pouring into the medi-spa liability market need to be wary of the potential for seemingly harmless cosmetic procedures to disfigure underwriting results with claims that can range from laser
James Auden, managing director of Fitch's North American insurance group in Chicago, said the stable outlook indicates the rating actions on Bermuda companies are expected to consist predominately of
The rating agency presented its conclusion--along with the finding that Bermuda insurers have paid income taxes at a rate roughly 15 points lower than the rate for U.S. companies--in a just-published re
"Some people are just in denial, saying rates are only off 5 percent, which is frankly disingenuous," he noted. "Others are saying it's the end of the world. It's not that either. The market is not
NAPSLO is set to spend nearly half-a-million dollars communicating the value of wholesale brokers to their customers, but the process has to start in individual wholesalers' offices, with actions as
Globetrotting to find expansion opportunities may be the principal activity of many Bermuda executives these days, but Richard Brindle, chief executive officer of Lancashire Insurance Company, which