Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
NFP sues Alliant over real estate group ‘raid'
An NFP Corp. unit Wednesday sued Alliant Insurance Services Inc. alleging the rival brokerage poached 19 employees, including real estate practice leader Gary Pestana....
An NFP Corp. unit Wednesday sued Alliant Insurance Services Inc. alleging the rival brokerage poached 19 employees, including real estate practice leader Gary Pestana....
Article / 15 days ago
Bridge collapse could spur waves of coverage litigation
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 25 days ago
Property rate hikes drive captive boom
Captive formations continued to surge last year as new and existing owners turned to alternative risk transfer vehicles to navigate rising commercial insurance market rates....
Captive formations continued to surge last year as new and existing owners turned to alternative risk transfer vehicles to navigate rising commercial insurance market rates....
Article / 26 days ago
Axa doesn't expect ‘material' group losses from bridge collapse
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Article / 29 days ago
Insurance rate hikes accelerate in February
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Article / 2 months ago
Commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 months ago
Munich Re Specialty reorganizes E&S property leadership
Munich Re Specialty Insurance Thursday named Joseph Bonanno and Vanessa Sullivan regional property underwriting managers for excess and surplus lines....
Munich Re Specialty Insurance Thursday named Joseph Bonanno and Vanessa Sullivan regional property underwriting managers for excess and surplus lines....
Article / 2 months ago
Property insurers strike down on churches
Looks like there may be no coverage for acts of God for some places of worship in Texas....
Looks like there may be no coverage for acts of God for some places of worship in Texas....
Article / 2 months ago
Shifting population, inflation drive rise in storm losses
Rising insured losses caused by severe convective storms can largely be traced to substantial expansion in exposure values in affected geographies rather than significant meteorological shifts,...
Rising insured losses caused by severe convective storms can largely be traced to substantial expansion in exposure values in affected geographies rather than significant meteorological shifts,...
Article / 3 months ago
Editorial: Collaboration key to ease cat tensions
Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with 135 TCF vendor(s)...
Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with 135 TCF vendor(s)...
Article / 3 months ago
