Underwriting
E&S Premiums Up in 2012; SNL Ranks Top Carriers by Market Share
Excess and surplus lines premiums in the U.S. were up for a second consecutive year in 2012, rising 10.8 percent to $25.44 billion, and grew at a faster rate than in 2011, according to SNL Financial. ...
Crop Insurance Subsidies Should Be Reduced: Economist
U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an ...
U.S. Pragmatic Approach Leads U.N. Climate Talks: Wynn
A U.S. submission to U.N.-backed negotiations shows how a scaled-down global climate deal that falls short of a full treaty can be agreed in 2015. Much will depend on the United States, as the ...
Demand For Terrorism Insurance Coverage Remains Steady: Marsh
The recent bombing at the Boston Marathon serves as a reminder that mass violence remains a critical threat for organizations, say experts at insurance brokerage Marsh, which just issued its latest ...
Global Re, Excess WC Discipline Lagging: ACE’s Greenberg, WRB’s Rob Berkley
There are now clear signs that the low interest rate environment is forcing underwriting discipline in the casualty market, carrier executives said during earnings calls last week, but one glaring ...
Florida Senate Approves Citizens Reform Bill; Path Ahead Remains Uncertain
Florida lawmakers have taken the first step towards reforming the state-backed property insurer, but not before significantly scaling back its impact on policyholders. Chances for final legislative ...
U.S. P/C Industry 2012 Income $33.5B In Spite Of $32B In Cat Losses
U.S. property/casualty insurers absorbed net insured catastrophe losses of more than $32 billion last year, but still managed to post $33.5 billion in net income in the aggregate—in part because ...
Coverage Analysis: Personal Gun Liability Insurance
Interest in personal liability insurance for firearms owners has expanded with the media focus on gun-centric events and the public discussion of liability issues. While specific personal liability ...