China, India and Indonesia are likely to face much higher losses from natural disasters in coming decades as their economies grow faster than their capacity for disaster prevention and relief, a new report has forecast. That means more foreign investment …
Brown & Brown, Inc. announced that Rob Roth has been named director and practice leader of Professional Liability for the company’s wholesale brokerage division. Roth began his career with ECC Insurance Brokers, Inc., which became a subsidiary of Brown & …
North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …
Business is picking up and so are your employees’ workloads. This is great news – except you now find your team spread too thin and risk projects falling through the cracks. You know you need additional resources – but where …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. PEOs Market Detail: Reliance Administrators, Inc. offers coverage for prospective clients, professional employment organizations, ASOs, …
Why Homeowners is a Major Cause of E&O Claims When reviewing errors and omissions (E&O) claims frequency by line of business, homeowners ranks third behind two commercial lines products (casualty and property). Focusing strictly on personal lines makes homeowners the …
Liability Woes Include Misrepresentation, Structural Defects, Legal Errors and More Real estate errors and omissions (E&O) liability coverage is big business. Although the recent property debacle has focused attention on single home sales, they are only part of the market, …
Fitch has revised its sector outlook on the U.S. property/casualty insurance industry to stable from negative for both the commercial lines and personal lines sectors. The ratings agency says that a stable outlook for the sector indicates that Fitch believes …
U.S. P/C Reinsurers’ Premiums Decrease $12.8B in First Half of 2010 A group of 19 U.S.-based property/casualty reinsurers wrote $12.3 billion of net premiums during the six-months ended June 30, 2010, a decrease from the $12.8 billion net premiums written …
Proactively Manage Your Future and Be Ready for Change I believe the future of independent insurance agencies is at a tipping point. A number of forces are pushing agencies toward the precipice of major change. A few of those forces …
