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U.S. property and casualty insurers rebound with $22.9 billion underwriting gain, marking dramatic turnaround from 2023 losses, AM Best reports.
The security of our nation is the government’s primary responsibility.
These insurance execs are leading their organizations through tricky new risks and market conditions.
More insurance distribution channels are opening up, which could disrupt business for both underwriters and brokers.
Recycling may be the right thing to do, but it carries its own set of risks.
It will be a wild ride for the primary and excess GL market in 2015.
Carriers have serious concerns about the health care industry’s impact on workers’ comp, but are encouraged by the savvy of employers.
Program administrators saw nearly 10 percent growth in revenues, but overcapacity, technology and talent remain challenges.
New demands and recruiting challenges make some roles hard to fill, but educational efforts are bridging the gap.
Niche risks like tattoo parlors and marijuana shops attract a special kind of broker.
The use of wood framing in mid-size residential construction raises concerns
Optimism about the opportunities in excess and surplus lines was strong during the NAPSLO conference.
Complex claims — old and new — call for relationship-building to minimize surprises.
The transfer of reputational risks involves both preventative strategies as well as finding ways to mitigate the impact.
Worldwide losses could top $600 million, but impact on US airlines is muted.
An effective insurance program must fit your organization’s needs for tomorrow as well as today.
In the system we call capitalism, the prudent carry the profligate like hapless passengers.
Collectors of memorabilia and other items can obtain coverage and solid advice from a variety of specialty insurers.
Frustration with property CAT models is leading to change.
Earnings are up in P/C segments for many carriers, with high expectations for full year profits.
The complexities and nuances of these risks make it impossible for risk managers to find total coverage.