P&C Companies News

Insurers Broadening Architects, Engineers Liability Coverage: Survey

While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …

The Death of Underwriting and Underwriters

Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings. Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced in many ways. For example, what if …

Commercial Automobile Remains Sore Spot in P/C: A.M. Best

The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several years. Commercial auto insurers have tried to …

The Hartford Names Bush to Head Personal Lines

The Hartford has announced that Stephanie Bush, who has led small commercial since July 2014, will expand her responsibilities to include oversight for personal lines. She replaces Ray Sprague, who is retiring after a 30-year career with The Hartford. Bush …

Insurance Journal Seeks Industry Charity Stories for 2017

Insurance Journal’s Charity Issue will highlight some of the many charitable tales in insurance. Share your firm’s story on how you support the community. Enter your photos and a brief description of the event here. Deadline for inclusion is December …

Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal

Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental industries. The new partnership takes effect on Jan. …

Driver Concerns Over the Future of Autonomous Vehicles: AIG Study

Safety of the vehicles, including the risk of hacking, are key concerns when it comes to autonomous vehicles, according to a study by American International Group, Inc. on the whether or not Americans accept or reject driverless cars on the …

AIG Appoints Williamson as Global Head of Employee Communications

American International Group Inc. has appointed Anita Williamson as global head of employee communications, effective today. In this role, Williamson will develop and execute global programs to strengthen employee engagement and align with AIG’s global business goals. She will report …

What Agents Want from Carriers in 2022: Survey

Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite different in commercial lines, where agents say …

NAPSLO, AAMGA Members OK Merger; New Wholesale & Specialty Association Is Born

Members of the American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) have approved a merger of the two associations, creating the new Wholesale & Specialty Insurance Association (WSIA). According to the …