Underwriting & Pricing
U.K. Regulator Reviewing Insurance Add-On Products
The U.K. markets regulator is reviewing whether there is enough competition in insurance add- on products, which are sold along with purchases such as vacations or a car. The market study is looking ...
Commercial Lines Prices Up by 5% Again in June: MarketScout
Increases for commercial property/casualty insurance rates in the United States were again about 5 percent during June, the fourth straight month at that pace. According to the latest composite index ...
AIG Said to Be Lead Insurer on Asiana Crash in San Francisco
American International Group Inc. was the lead insurer providing coverage for the Asiana Airlines Inc. jet that crashed while landing in San Francisco last weekend, according to two people familiar ...
Canada Train Explosion Spurs Debate Over Safety of Crude Oil Shipping
A train disaster that killed five people in Quebec promises to touch off debate over the safety of shipping crude oil by rail or pipelines such as TransCanada Corp.'s Keystone XL. As authorities ...
How Carriers, Agents Can Adapt As Small Commercial Buyers Move Online
About 52 percent of America's small business insurance customers say they are ready to complete their commercial insurance purchasing online without the aid of an agent or broker. That's according to ...
EPLI in Southern California Playing ‘Hard’ to Get
Employment practices liability in California is a growing concern for insurers, agents and employers, and that concern has some carriers ramping up rates dramatically or quietly pulling back from the ...Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power
Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down in 2013 from an all-time high in 2012, but remains ...
Will Solar Panels Fuel New Wave Of Construction Defect Litigation?
The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector's rapid growth has led to an oversupply of solar panels, which has turned up the heat on ...