pricing News

Predictive Modeling Improving Insurers’ Bottom Lines, Market Share

Property/casualty insurance carriers currently utilizing predictive modeling continue to see their bottom lines improve and almost 4 out of 10 say it has helped them increase market share. For this and other reasons, predictive modeling also continues to gain momentum …

Think Soft Market Is Over? Think Again

Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS Benchmark Survey, directors and officers liability (D&O) was the only …