Markel is little covered by Wall Street, drawing just two sell-side analysts on its last earnings call. W...
Inside in Full: Focus on NY construction: Labor laws, nuclear verdicts challenge insurers
The New York construction insurance market is becoming bifurcated, with plenty of capacity available for easier to write risks while more complex work, for example in steel or concrete, is much harder to insure...
The New York construction insurance market is becoming bifurcated, with plenty of capacity available for easier to write risks while more complex work, for example in steel or concrete, is much harder to insure...
Article / 6 hours ago
Progressive rebalances homeowners' book, diversifies away from Florida
Progressive is rebalancing its homeowners' book by non-renewing roughly 47,000 DP-3 and 53,000 high-risk homeowners' policies in Florida, this...
Progressive is rebalancing its homeowners' book by non-renewing roughly 47,000 DP-3 and 53,000 high-risk homeowners' policies in Florida, this...
Article / 1 day ago
Inside P&C examines the impact of a potential NFIP shutdown
Authorization for the National Flood Insurance Program (NFIP) could expire at 12:01 AM Sunday in tandem with a pending government shutdown, halting all new policy writing and most...
Authorization for the National Flood Insurance Program (NFIP) could expire at 12:01 AM Sunday in tandem with a pending government shutdown, halting all new policy writing and most...
Article / 1 day ago
Auto insurer claim payouts skyrocket due to inflation increases: Triple-I
US personal and commercial auto insurer liability claim payouts combined were $96bn to $105bn higher between 2013 and 2022 due to social and economic...
US personal and commercial auto insurer liability claim payouts combined were $96bn to $105bn higher between 2013 and 2022 due to social and economic...
Article / 4 days ago
Winners announced at 2023 Inside P&C Honors
Dan Glaser, former president and CEO of Marsh McLennan, and Aspen CEO Mark Cloutier were two of the top industry executives receiving awards at the Inside P&C Honors ceremony on September...
Dan Glaser, former president and CEO of Marsh McLennan, and Aspen CEO Mark Cloutier were two of the top industry executives receiving awards at the Inside P&C Honors ceremony on September...
Article / 4 days ago
Coalition partners with HDI Global Specialty for cyber and tech E&O capacity in Canada
Coalition has announced that HDI Global Specialty will join the InsurTech's cyber and tech E&O panel in Canada to provide insurance capacity in 2024....
Coalition has announced that HDI Global Specialty will join the InsurTech's cyber and tech E&O panel in Canada to provide insurance capacity in 2024....
Article / 4 days ago
Oakbridge-Audax deal valued broker at ~17x Ebitda
Atlanta-based brokerage Oakbridge Insurance Agency sold to middle-market PE house Audax for around $575mn, equivalent to roughly 17x adjusted Ebitda, this publication has learned....
Atlanta-based brokerage Oakbridge Insurance Agency sold to middle-market PE house Audax for around $575mn, equivalent to roughly 17x adjusted Ebitda, this publication has learned....
Article / 4 days ago
MGAs face capacity test, while current value chain model is questioned: Inside P&C panel
MGAs are facing different capacity challenges individually, while the industry overall is pushing for a better alignment of interests between program...
MGAs are facing different capacity challenges individually, while the industry overall is pushing for a better alignment of interests between program...
Article / 5 days ago
Alliant brings in Lonneman, Ramos for agribusiness, Tribal First
Alliant Insurance Services announced it has tapped two specialty brokers, one to serve as senior vice president for its tribal services unit and another to...
Alliant Insurance Services announced it has tapped two specialty brokers, one to serve as senior vice president for its tribal services unit and another to...
Article / 5 days ago
Tech-driven litigation ecosystem stacked heavily against insurance industry: Petrelli
Tech-enabled claim instigation is “killing” the insurance industry in Florida and other states, said Demotech president Joe Petrelli, adding that the industry should...
Tech-enabled claim instigation is “killing” the insurance industry in Florida and other states, said Demotech president Joe Petrelli, adding that the industry should...
Article / 5 days ago