Specialty
Editor’s Question: Who Created the First U.S. MGA?
Readers of a book about the history of the insurance industry—or more specifically, about Crum & Forster's place in the last 200-plus years—will find out that C&F executives were ...
How a Decentralized Structure Opens Career Paths at C&F
Thankfully, members of the next generation of leaders in the property/casualty insurance industry have had no direct experience with insurance company failures, rehabs and restructurings that ...
Cigar Butts and Toxic Sludge: The Rebirth of a P/C Insurer
It's hard to imagine an executive describing his company and its peers in the industry as "cigar butt companies where the butt had been dropped in toxic nuclear sludge, [and] rolled in asbestos…" ...
How Decentralization Works at C&F
Crum & Forster CEO Marc Adee remembers what it was like in years past when he was leading divisions of a company then operating under a centralized model that forced him to fight for corporate ...
AmRisc Launches Reciprocal Exchange for Commercial E&S Market
AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company ...
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The ...
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 ...
What to Know About Construction and Environmental Liability
How do per- and polyfluoroalkyl substances (PFAS) impact the environmental liability market in construction, or do they? Do all contractors need environmental liability coverage? And if so, how can ...