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 …
They’re involved with policyholders every day yet too few people know how these safety valves operate The National Insurance Guaranty Fund program, operating in every state, is the “untold story” in the property casualty industry, one insurance trade executive says. …
The National Insurance Guaranty Fund program, operating in every state, is the “untold story” in the property casualty industry, one insurance trade executive says. “The thing to remember about the guaranty fund system that’s important is that, nationwide, it has …
XL’s President and CEO Brian M. O’Hara told delegates at the company’s global risk conference in Boston that P/C insurance companies with strong underlying corporate cultures and values will differentiate themselves from their competitors. The conference is the first of …
A comprehensive study of property and casualty insurance companies in North America, Western Europe and Australia has determined that the top line is more often the bottom line than previously thought. Bain finds that the revenue growth holds the strongest …
NAPSLO’s Wesson says association focused on regulation, education and young people Federal regulation reform of the surplus lines industry, education for its members and recruiting talented young people into the business have been critical issues for the National Association of …
Property casualty insurers can expect another year of overall industry underwriting profit in 2006, matching the results of 2004, according to the latest Conning Research and Consulting, Inc. forecast report for the property/casualty industry, which provides a first look at …
Says feds, state governments should work together 10 W. Va. Insurance Commission cracks down 2,000 employers without workers’ comp targeted 11 FAIA CAT team volunteers honored Provided assistance to Miss. agents after Hurricane Katrina 11 Miss. hikes housing grants 35 …
Although property casualty insurance capacity still exists in some areas in the U.S.’s East Coast, the rate at which it is vanishing, especially in coastal areas, as well as the steep prices for available capacity, have industry executives concerned about …
The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key measure of losses and other expenses per dollar …
