We were in the locker at half-time, down by two points. Kenny, our center, felt like he was playing a terrible game. He already had two fouls, and the guy he was guarding seemed like he was scoring at will. …
National Aon, Wills Towers Watson Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an all-stock deal …
An investigation into the cause of an explosion at an Arizona energy storage facility that injured four firefighters confirms what engineers had feared: Packing lithium-ion batteries tightly together can spark a chain reaction that can cause catastrophic damage and endanger …
Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly shedding undesirable accounts. Busy adapting to a market that …
Lloyd’s of London announced it plans to stop accepting admitted market accounts in the United States in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market leader. In this …
Not Only in FEMA Zones, Not Only During Hurricane Season Major companies across the U.S. are increasingly recognizing the risk for inland flooding and with good reason. As recent hurricanes like Harvey and Florence made clear, water can cause as …
U.S. property/casualty insurance underwriting income dropped 5.5% in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19 costs are to blame, according to an A.M. Best report. A.M. …
Paramount Trucking Program Market Detail: Paramount Managing General Agency’s (www.paramountgeneralagency.com) trucking program is designed for trucking and transportation companies domiciled in the state of Texas, hauling goods for hire with a local to intermediate radius. Coverages available include: auto liability, …
As with most industries in a COVID world, the excess and surplus lines industry had to shut down its signature in-person networking event scheduled for Sept. 10-17, 2020. Instead the Wholesale & Specialty Insurance Association (WSIA) made plans to go …
Teen drivers and drivers 65 years and older – two age groups at a higher risk of being involved in an automobile accident – are more likely to be driving vehicles that are less safe, putting them at even higher …
