Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2015, more than $582 billion of DPW was reported. For 2016, total DPW for all P/C insurers aggregately increased 4 percent over 2015, an increase …
Why are some transactions or “deals,” as they are called, most likely to happen or not happen? There are a number of factors that come into play, and those of us in the industry call them deal makers and deal …
The nonprofit of yesterday has evolved, and a new, hybrid nonprofit model has emerged, bringing with it an array of complexities. Human services agencies and nonprofits across the country have recognized crucial needs in the communities they serve, and they …
Trustees and Officers Market Detail: United Educators (www.ue.org) offers trustees and officers liability coverage, sometimes known as directors and officers (D&O) coverage, through its United Educators’ (UE) Educators Legal Liability (ELL) policy and may also be written as a stand-alone …
Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest rate decreases, according to a new survey by Ames & Gough. The broker found …
Leaks Happen “The hypocrisy really lies in the pipeline corporations that say their pipelines are safe, say leaks don’t happen. They blame activists who are trying to stop global cataclysm by taking action to point out what they do every …
EPIC Insurance Brokers & Consultants, The Capacity Group EPIC Insurance Brokers & Consultants has acquired The Capacity Group of Companies in Mahwah, N.J. Terms of the deal were not disclosed. The firm will now operate as The Capacity Group – …
U.S. personal auto underwriters increased premium rates “significantly” in 2016, but the rate increases weren’t high enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry statutory combined ratio will likely hit 108 in the coming months, …
This year has ushered in a wave of change that will drive disruption in the U.S. insurance industry. Following a prolonged period of low interest rates, yields on U.S. Treasuries are rising, and there are expectations of up to three …
(Top Seven Problems You Really Want to Solve) Agency owners with an entrepreneurial spirit want to grow their agencies, but staff makes it difficult. Many have said, “It’s like herding cats.” Here’s a list of producer problems: • Problem #1 …
