Industry News
American Modern Sponsors $75M Cat Bond; Willis Capital Markets & Advisory Completes Placement
Willis Capital Markets & Advisory announced the successful placement of a $75 million catastrophe bond transaction for American Modern Insurance Group last week. The transaction, which closed on ...
Top 10 Carrier Management News Reports: Stressed Employees, Tower Woes, Berkshire’s New Venture
Stressed and toxic employees captured the attention of Carrier Management's readers in 2013, with news articles about those two types of workers showing up in the top 10 news reports of the year on ...
Carriers Cut Coverage as ‘Storm Chasers’ Fuel New Roof Demands, Actuaries Report
Homeowner insurers reacting to a growing industry problem, being referred to as "neighbor-itis," has carriers reducing coverage in some regions, actuaries reported recently. Speaking at the Casualty ...
Catastrophe Bond Issuance High, But Short of Record in 2013
The catastrophe bond market experienced near-record issuance in 2013, with $7.1 billion of global issuance falling just short of the all-time record set in 2007 of $7.6 billion, Fitch Ratings ...
Carrier Management’s Top 10 Features of 2013: Game Changers Rule
Game changers see opportunities off to the side when everyone else is looking down the same path. Providing that definition in an article he authored for Carrier Management this year, Doug Libby, CEO ...
Verisk Climate, Weather Decision Technologies Team Up
Verisk Climate, a provider of enterprise climate risk management solutions, and Weather Decision Technologies (WDT), a high-technology leader in the weather industry, announced earlier this month ...
Tornado Frequency Trends Deceptive, Actuary Says
To develop adequate rates, actuaries don't just need to spot what the next trend will be that will push up claims frequencies or average loss costs. They also need to sort out what the next trend ...
Ironshore Boosting Capacity to $50M for Some U.S. Casualty Lines
Ironshore Inc. announced recently that it will boost coverage for selected U.S. casualty lines to $50 million, raising capacity from current limits of $25 million Effective Jan. 1, 2014, the higher ...