National Section

P/C Industry Heat

U.S. property/casualty insurers are feeling the heat of today’s competitive market and slow-growth economy. P/C insurers in the United States saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in first-quarter 2015 – …

Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns

In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists. Christof Bentele, head of Global Crisis Management at Allianz …

Near National P/C Carriers Identified for 2016

2016 marks the 10th year of the Demotech Company Classification System, which was established in the Feb. 12, 2007 issue of Insurance Journal. Our system categorizes insurers into one of 11 categories based on an analysis of data reported by …

Declarations

Fire Water “I think it’s important for people to realize that being able to light your tap water on fire in many cases is a natural occurrence.” —Owen Sherwood, lead author of a study that shows roughly 18 percent had …

Insurers Work to Educate Consumers on the Evolving Dangers of Distracted Driving & Walking

We have all seen the stories in the news. After many years of a declining trend in the number of accidents, the number of accidents has spiked in the last two years. Insurers have an opportunity to educate the public …

When Hiring New Producers Begin with the End in Mind

Almost everyone is talking about it like it’s a new trend in the insurance business: “we have to hire new producers.” The problem started back in 2007 when the near depression hit the United States. The bottom fell out of …

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Tow Truck Industry Market Detail: KBK Insurance Group Inc. has focused on the towing industry since the mid-1980s. Coverage includes: commercial …

Business Moves

Risk Strategies Company, McLaughlin Brunson Insurance Agency National insurance brokerage and risk management firm Risk Strategies Co. has acquired Dallas-based McLaughlin Brunson Insurance Agency. McLaughlin Brunson provides insurance products and services to architects, engineers and certified professional accountants in Texas …

What Keeps D&Os Awake at Night? Coverage Concerns Rise

There are numerous emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. “The worry of whether or not a D&O policy, …

What to Know About Liability and Legal Costs for Apps

The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App Store opened in July 2008, there were …

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