Ascot US, Greyhawk Insurance Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary, Grey-hawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff since 2006. Greyhawk Specialty is a dormant …
How to manage active shooter risks on campuses is a top concern for risk managers. Craig McAllister, director of risk management, Cornell University, told attendees at the recent RIMS Annual Conference in San Antonio, Texas, there are ways that facilities …
The best workers’ compensation insurers have similar characteristics. A new study released by ACORD identified a few of those similarities, including that they pay their agency partners more than their rivals do as a way to attract better customers and …
The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year-over-year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M. Best special report. However, …
Contractor Equipment Floater Coverage Market Detail: International Transportation & Marine Agency’s (www.itmagency.com) inland marine form covers contractors’ equipment on an all-risk or specified perils basis. This coverage is designed to cover mobile equipment while it is stored on premises, in …
There is a lot to like about how the workers’ compensation market is doing. A robust economy is generally favorable for workers’ comp, as growing payroll and investments in workplace safety are helping, says Andrea Gardner, workers’ compensation lead for …
An interview was recently published in a major industry publication with a notable ex-CEO of a prominent insurance company. Throughout the article, the ex-CEO bemoaned how power and profit has shifted to brokers from companies. In some ways, the specific …
Over the course of several decades, auto crash rates and fatalities had been on the decline. This reduction offset slightly increased crash severity and helped to moderate the cost of auto insurance. However, starting in 2014, there were sharp increases …
Cyber losses at large companies make the headlines. Hacks at Target, Equifax, JP Morgan Chase, Sony, and Anthem are well-known. While certainly painful experiences for them and their customers, these events are not likely to put these firms out of …
Insurance agencies and brokerage firms recorded the second consecutive quarter of accelerating growth, and their outlook for the remainder of 2018 continues to be optimistic, according to a new survey of mid-to-large privately held firms. All lines of business experienced …
