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February 07, 2012 | Views: 343 | Comments: 0
The entertainment and events industry faced challenging business conditions in 2011. Read More...
February 07, 2012 | Views: 263 | Comments: 0
The industry and insurers continue to watch legislation that would raise the railroad passenger per-incident liability cap from $200 million to $275 million. Read More...
February 07, 2012 | Views: 223 | Comments: 0
The financial impact of the global economic downturn remains the key issue for education institutions. Read More...
February 07, 2012 | Views: 226 | Comments: 0
Highlights
The railroad industry continues to watch
legislation that would change the liability
limit cap on rail passenger incidents.
Insurers are looking mo... Read More...
February 07, 2012 | Views: 173 | Comments: 0
Restructuring efforts engaged at the beginning of the economic downturn have significantly improved chemical companies’ balance sheets. Read More...
February 07, 2012 | Views: 237 | Comments: 0
U.S. automotive consumers returned to dealer showrooms, despite concerns about the economic outlook. Read More...
February 07, 2012 | Views: 261 | Comments: 0
Public entities continue to manage the challenges of the slow economy and its budget shortfalls, although there was evidence of stabilization in late 2011. Read More...
February 07, 2012 | Views: 211 | Comments: 0
Product liability rates are expected to remain flat, barring market changing events, although larger loss generating insureds may see increases, reduction in capacity, and higher a... Read More...
February 07, 2012 | Views: 252 | Comments: 0
Underwriting assessment and valuation of business interruption exposures continue to be problematic for both policyholders and insurers. Read More...
February 07, 2012 | Views: 213 | Comments: 0
The energy industry liability insurance marketplace—particularly excess liability—remains in a market cycle in which insurers are increasingly reluctant to agree to rat... Read More...
February 07, 2012 | Views: 167 | Comments: 0
The global financial crisis, a volatile investment environment, and a shrinking economy have had a significant effect on the hospitality and gaming industry. Read More...
February 07, 2012 | Views: 231 | Comments: 0
Underwriting assessment and valuation of business interruption exposures continue to be problematic for both policyholders and insurers. Read More...
January 31, 2012 | Views: 346 | Comments: 0
The retail/wholesale industry, particularly in the U.S., experienced a slow recovery in 2011. Read More...
January 31, 2012 | Views: 296 | Comments: 0
As signs of strengthening appeared in the U.S. economy, the real estate industry slowly improved toward the close of 2011. Read More...
January 31, 2012 | Views: 483 | Comments: 0
Although the U.S. economy has improved, the housing and real estate sector, unemployment rates, and the European debt crisis continued to affect financial institutions. Read More...
January 30, 2012 | Views: 510 | Comments: 0
The economy remains a major concern for the construction industry. Read More...
April 10, 2012 | Views: 2113 | Comments: 0 |
Global property insurance rates show signs of firming. Read More...
February 03, 2012 | Views: 326 | Comments: 0 |
The surety line is set to once again be highly profitable for 2011, reporting strong profits on historically low direct loss ratios of less than 20 percent. Read More...
February 03, 2012 | Views: 408 | Comments: 0
Despite ongoing global instability, the political risk insurance market experienced relatively stable conditions in 2011. Read More...
February 03, 2012 | Views: 272 | Comments: 0
The U.S. Marine Liability Market experienced very little overall change in terms of cost trends, underwriting philosophy, and market capacity during 2011. Read More...
February 03, 2012 | Views: 200 | Comments: 0
The environmental insurance market remained stable in 2011, with more than 30 environmental insurers in competition. Read More...
February 03, 2012 | Views: 301 | Comments: 0
Energy companies are likely to experience flat to minor rate changes in 2012 with the exception of large capacity excess casualty programs, which continue to see the most rate vola... Read More...
February 03, 2012 | Views: 146 | Comments: 0
Following the passage of the Patient Protection and Affordable Care Act of 2010, costs for medical benefits continued to increase. Read More...
February 03, 2012 | Views: 179 | Comments: 0
Legislation introduced in Congress to amend the Liability Risk Retention Act of 1986 proposes to permit risk retention groups to cover property insurance. Read More...
February 03, 2012 | Views: 271 | Comments: 0 |
Capacity was readily available in the aircraft product liability insurance market at the end of 2011 Read More...
February 02, 2012 | Views: 401 | Comments: 0
Underwriters are focused on risk selection, deploying capacity judiciously, and scrutinizing policy enhancements that expand the scope of coverage. Read More...
February 02, 2012 | Views: 369 | Comments: 0
Although it is still possible to obtain rate reductions for good risks, the magnitude of reductions has declined and some clients are seeing flat renewals or even modest increases. Read More...
February 02, 2012 | Views: 359 | Comments: 0
Pricing for fiduciary liability insurance in 2011 sustained a modest downward trend, though at a reduced rate from the recent past. Read More...
February 02, 2012 | Views: 324 | Comments: 0
On average, employment practices liability insurance rates are decreasing in the low single digits. Read More...
February 02, 2012 | Views: 384 | Comments: 0
Overall, rates continue to decline for insureds with favorable risk profiles. Read More...
February 02, 2012 | Views: 316 | Comments: 0
The casualty insurance market was in a state of transition in 2011 yet significant competition and capacity remained for most buyers. Read More...
February 01, 2012 | Views: 541 | Comments: 0 |
Although not classified as “hard,” a firming of the property market is under way. Read More...
December 21, 2011 | Views: 5287 | Comments: 1 |
Although insurance rates in most loss-affected geographies and classes of business continued to climb during the fourth quarter of 2011, in other classes and regions rates generall... Read More...
September 28, 2011 | Views: 7334 | Comments: 1 |
While catastrophe-exposed risks experienced tough insurance market conditions, pricing decreases in other lines of business fostered a stable environment over the past three months... Read More...
July 19, 2011 | Views: 6481 | Comments: 1 |
Catastrophe (CAT) losses worldwide in the first half of 2011 caused insurers and reinsurers to review rates, risk aggregations, and exposures as their CAT claim reserves were furth... Read More...
July 10, 2011 | Views: 2274 | Comments: 1 |
Following the first quarter’s earthquake in New Zealand, floods in Australia, and earthquake, tsunami and nuclear disaster in Japan, the second quarter of 2011 brought more d... Read More...
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