Underwriting & Pricing
Insurers Take Credit Score Battle to Washington Supreme Court
Insurer groups last week sought to take their battle with Washington Insurance Commissioner Mike Kreidler to the Supreme Court of Washington. The American Property Casualty Insurance Association, the ...
Why Direct Carriers Do Better During Inflationary Periods
We've entered an inflationary environment, and a significant one at that. The Consumer Price Index (CPI), which has been slowly inching upward since May 2020, increased 0.9 percent from September to ...
Startup MGA Rising Edge Targets Low Layer D&O Business
The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability ...
How Data-Rich Telematics Is Accelerating the Future of Auto Insurance
Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with profit potential. Fortunately, the evolution of telematics has streamlined the ...
Insurer Groups Sue to Stop Washington Credit Scoring Regulations
The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers of Washington jointly filed two legal actions ...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...Resilience Creates Captive Reinsurance Company
Cyber insurance and security provider Resilience Cyber Insurance Solutions announced that it has created a captive reinsurance company. Through the captive, Resilience will retain a share of each ...
How Zurich Commercial Uses Underwriting Discipline to Find Profit in Any Market
Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting back to the organization, with a greater focus on selecting the right ...