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Commercial property insurance pricing is trending down while casualty rates are turning up, according to a report Wednesday from Lockton Cos. Inc. looking at fourth-quarter pricing trends.
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Commercial property insurance pricing is trending down while casualty rates are turning up, according to a report Wednesday from Lockton Cos. Inc. looking at fourth-quarter pricing trends.
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Commercial insurance buyers can expect flat to low single-digit premium increases across many lines of coverage in 2025, as rates continue to trend down in a more competitive market, Woodruff Sawyer & Co. said Thursday in a report.
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Commercial property insurer FM Wednesday named Laurel Rudnick senior vice president, chief underwriting officer, for FM Affiliated, its middle-market unit, effective Jan. 1.
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EPIC Insurance Brokers & Consultants announced Thursday it appointed former Axa XL chief distribution officer Robert Peretti to the newly created role of executive director of national markets and placement.
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Drew Fekete, assistant vice president of underwriting for miscellaneous medical at QBE, discusses the evolving risks of digital health care.
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Wholesale specialty insurance distributor CRC Group Inc. Monday said it has acquired SLB Insurance Group, a binding authority operation with offices in Ft. Lauderdale, Florida, and New Orleans.
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Amwins Group Inc. has named Ben Sloop as its next president, succeeding James Drinkwater, effective Jan. 1.
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RT Specialty, the wholesale unit of Ryan Specialty Holding Inc., promoted Tom Mullins to president-Chicago binding authorities.
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Axis Capital Holdings Ltd. Tuesday said it has entered into a loss portfolio transfer reinsurance agreement with Enstar Group Ltd., under which it will retrocede $2.3 billion of reinsurance segment reserves.
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International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. companies pulled out.
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Beazley PLC Monday named Alessandro Lezzi group head of cyber risks.
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Leah Sharp, senior vice president of GBCare Clinical Services at Gallagher Bassett, discusses the connection between health and injuries.
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Everest Insurance, the insurance and reinsurance business of Everest Group Ltd., Tuesday promoted Craig Hanrahan to head of North America Insurance field operations.
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Westchester, the wholesale excess and surplus lines business of Chubb Ltd., Wednesday named Nick Gatt head of its programs business, effective immediately.
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Arthur J. Gallagher & Co. said Wednesday it acquired M.J. Schuetz Insurance Services Inc., an Indianapolis-based agency with expertise in construction, landscaping, manufacturing and real estate.
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Alkeme Insurance Services LLC said Thursday it has acquired Relion Insurance Solutions, an Iowa City, Iowa-based agency.
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EPIC Insurance Consultants and Brokers announced Wednesday it hired former USI Insurance Services LLC Bay Area practice leader Charlie Rosson as North California growth leader.
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Hub International Ltd. said Tuesday it purchased Oregon-based agency Great Basin Insurance Inc.
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MSIG USA, a unit of Japanese insurer Mitsui Sumitomo Insurance Co. Ltd., said it has hired Carla Owens as head of underwriting solutions and services.
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The Business Insurance Global Reinsurers and Reinsurance Brokers Rankings + Directory includes the data listings of the world’s 19 largest reinsurers and 12 reinsurance brokers. See the Top 10 reinsurers by gross reinsurance premiums written, based on A.M. Best data, and Top 10 reinsurance brokers based on their gross revenue in 2023. The 2024 special […]
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