Authorities in a small Arkansas town say local police and firefighters are being targeted by suspicious fires and vandalism. No suspects have been arrested for the fires and property damage in Cotton Plant that began in February, when a fire …
Private U.S. property/casualty insurers lost big in 2016, reporting a $4.7 billion net underwriting loss driven, in part, by higher catastrophe-related property losses, according to ISO and the Property Casualty Insurers Association of America. The results stand in sharp contrast …
The insurance and risk management fields are professions with legions of rapidly-retiring older employees, and they struggle to hire and keep promising new and younger ones. How to accomplish this? Customized training is one way, a millennial industry professional said …
No Place to Go “When your house comes apart like that, there’s no place to go. I thought this is it.” — Mark Tyson, a resident of the Prairie Lake Estate Mobile Park near Chetek, Wis., which was levelled by …
Where does the time go? Four months into 2017, here are four industry observations and four action items every insurance agency principal can take before the next four months pass. The Industry 1. Merger and acquisition activity and agency prices …
People may instinctively know right from wrong, but determining if someone has good moral character is not a black and white endeavor. According to new research by University of California Berkeley-Haas School of Business. Prof. Clayton Critcher, people evaluate others’ …
Today’s insurers want to be there for their customers — literally. With sensors in policyholders’ cars, homes and personal devices, “exposure data tracking” is becoming a competitive imperative in personal lines underwriting and rating. That was the message from two …
Hub International, Rossmann-Hurt-Hoffman Hub International Limited (Hub), a global insurance brokerage, has acquired Rossmann-Hurt-Hoffman Inc. (RHH). Terms of the acquisition were not disclosed. Based in Ellicott City, Md., RHH is a multi-lines insurance solutions provider of commercial and personal lines …
Motor Truck Cargo Market Detail: American Team Managers Insurance Services (www.atminsurance.com) coverage for the motor truck cargo market, targeting truckers with one to 25 power units, more than three years CDL experience and hauls general commodities with values less than …
The soft pricing in the global reinsurance market will continue, at least for the rest of the year, according to Fitch Ratings. Fitch expects premium rates to continue declining due to large amounts of under-deployed capital and sluggish demand from …
