renewals News

Debate Begins: Will Japan Disaster Raise Insurance Rates?

Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp declines on fears the disaster’s size could grow. Ace, a leading insurer and reinsurer, warned the Japanese earthquake would cause …

Architects, Engineers Liability Rates to Go Up: Report

Rates for architects and engineers professional liability insurance, which have been stable, are expected to go up this year, a new study reports. A number of leading insurance companies offering this coverage expect to raise premium rates in 2011 up …