Sign of the Times – Brokers vs. Carriers on a Classic Soft Market July 24, 2017 By Susanne Sclafane Brokers vs. Carriers on a Classic Soft Market Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called...
Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise July 24, 2017 Most leading legal malpractice insurers saw claims level off in 2016 although their cost to defend claims continued to escalate....
Marijuana Dispensaries and Crime July 24, 2017 By Andrea Wells A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief,...
How to Succeed in a Soft Insurance Market July 24, 2017 By Garrett Sprowls It’s no secret that the insurance marketplace right now is extremely soft. The amount of capacity in the industry continues...
The Dangerous Art of Selfies: Why Museums Should Take Note July 24, 2017 By Denise Johnson Museum visitors snapping selfies are driving a spike in accidents that are putting exhibits at risk, according to Linda Sandell,...
4 Ways to Help New Producers Beat the Odds July 24, 2017 By Joanne DiNunzio To say that most new producers don’t hit the ground running is an understatement. Between learning about the specific products...
Nonstandard Auto Market Continues to Fall; Sector Posts Worst Loss Ratio in Decade: A.M. Best July 24, 2017 Loss ratios and operating ratios for the U.S. nonstandard auto insurance market fell to their worst levels in a decade,...
How Surplus Lines Insurers Can Beat Illinois Bad Faith Claims July 24, 2017 By Dan Terzian Surplus lines insurers, your Illinois policies are exempt from all statutory bad faith claims. Or at least they’re arguably exempt....
HCI to Expand Flood Insurance Sales to Nine States July 10, 2017 By Andrew G. Simpson As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement,...
Catastrophe Losses Top $7B; Property/Casualty Insurers’ Net Income Drops 42.2% in Q1 July 10, 2017 The U.S. property/casualty insurance industry saw its net income fall to $7.7 billion in the first quarter (Q1) of 2017...