January 2, 2007
Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising. That is one key finding from an …
December 25, 2006
The year 2006 was a boom year for mergers and acquisitions within the property casualty insurance world. An Insurance Journal Special Report: 2006 Mergers & Acquisitions in the P&C Insurance Industry shows that almost 200 deals were reported and/or completed …
December 25, 2006
New insurance products seemed to be in great supply in 2006 as the market for most lines continued to turn toward softer times. No market was as robust as professional and management liability lines, according to a review of new …
December 24, 2006
The year 2006 was a boom year for mergers and acquisitions within the property casualty insurance world. An Insurance Journal Special Report: 2006 Mergers & Acquisitions in the P&C Insurance Industry shows that almost 200 deals were reported and/or completed …
December 24, 2006
New insurance products seemed to be in great supply in 2006 as the market for most lines continued to turn toward softer times. No market was as robust as professional and management liability lines, according to a review of new …
December 11, 2006
The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage. With a recent government report suggesting that TRIA should not …
December 10, 2006
The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage. With a recent government report suggesting that TRIA should not …
November 20, 2006
A retired insurance industry executive turned turbo-charged speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as a …
November 20, 2006
The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard to cover in the standard …
November 19, 2006
A retired insurance industry executive turned turbo-charged speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as a …