Underwriting & Pricing
Top 5 States for Auto, Homeowners Rates Hikes Revealed: Perr&Knight
Personal auto insurance companies increased their rates by an average of 2.5 percent countrywide in 2013, according to insurance consulting firm Perr&Knight's RateWatch reports. The 2013 increase ...
Fitch Sees Rise in Demand for Private Flood Insurance
As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, ...
Effort to Put House in Order Paying Off, Says Meadowbrook CEO Cubbin
Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the "strong remedial measures" implemented to correct unacceptable ...QBE 2013 Loss As Expected; U.S. Mid-Market Biz Under Microscope: CEO
There were no surprises when QBE published its year-end financial results on Tuesday, with a $254 million after-tax loss on the bottom line nearly matching a preannounced estimate delivered by the ...
Obamacare Could Lead to Medical Cost-Sharing, Other Effects on P/C: IRC
The property/casualty insurance industry is likely to face cost shifting by hospitals, physicians and other medical providers due to the Patient Protection and Affordable Care Act (ACA), according to ...
What Might Happen If El Nino Returns
Global cocoa prices have rallied to 2-1/2-year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El ...
Excess & Surplus Lines Is The Stable Place to Be: Scottsdale’s Miller
The excess and surplus (E&S) lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the sector. ...
RMS(one) To Be Available in April; ARA Putting Hurricane Model on Platform
On Tuesday, RMS announced that it will release version 1.0 of RMS(one), the company's exposure and risk-management platform, on Apr. 15, 2014. All RMS catastrophe models, as well as select models ...