E&S/Specialty

After collision, the next-costliest Motor Truck Cargo claims are cargo theft and then fire. Frequent accident claims involve bad-weather collisions with other trucks, cars and guardrails--and rollovers are common.

An excess of capacity, new competition among carriers and increased measures against cargo theft characterize the landscape of the Inland Marine segment, the vast and varied coverage area that encompasses any type of shipment that does not travel over an ocean, including fine art and jewelry.

Insurance broker Marsh says global insurance rates continued to firm during the first quarter, led by major insurance lines in the U.S.

An atmosphere of pessimism has taken hold of the downstream energy-insurance market after two poor underwriting years, and while capacity has not been impacted yet, one or two exits by leading insurers could trigger a wider withdrawal, a new report says.

The head of the Insurance Information Institute says in the wake of the bombing tragedy at the Boston Marathon that the stability of the terrorism risk insurance market is contingent on sustaining a federal terrorism risk insurance backstop.

The bombing at the Boston Marathonthe first successful, high-profile terrorist attack in the U.S. since 9/11could impact the terrorism insurance marketplace, specifically event cancellation coverage.