Underwriting
Markel Insurance Selling Reinsurance Renewal Rights to Nationwide
In separate announcements late Wednesday, Markel Group and Nationwide revealed that Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book ...
New Workers Comp Benchmarking Tool Will Lead to Refined Risk Analysis, Safer Workplaces
Member insurers in Pennsylvania have a new way to explore workers compensation data and benchmark their performance—without the burden of static reports or time-consuming manual comparisons. This ...
NY’s Hurricane Insured Loss Potential Up More Than 60% as Climate Changes
Insurance industry scientists put the spotlight on Northern U.S. cities in a new research paper about hurricane potential under a warmer climate scenario, finding that New York's insured losses could ...
Viewpoint: Rising False Advertising Claims Reveal Likely Coverage Gap
The steady rise in false advertising claims against consumer-facing companies has exposed a likely insurance protection gap. The drivers of these legal actions are many and varied and include ...
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward's list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight ...
Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold
Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Why? Because too many ...
Middle East Tensions Raise Loss Accumulation Risks: Report
Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to ...
U.S. E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4 percent in 2024, down from 14.5 percent a year ...