The specialty market, which includes specialized, unusual and often hard-to-place risks, has been a busy area for insurers in the last several years. Several insurers have expanded their reach into the arena and a few start-ups have been launched.
One of the biggest...
Everyone loves top ten lists, and I'm no exception. There is something inherent in human nature to want to quantify and rank things. Whether its sport teams, songs, movies, or restaurants, people want to know and decide what are the best or worst. And there is...
The Insurance Services Office (ISO) has released changes for its businessowner program (BOP) coverage forms. These changes include 11 revisions, 5 additions and three withdrawals on Section I -Property; one addition, and 7 policy revisions to Section II- Liability;...
The insurance industry's first standardized plan for rating homeowners insurance by individual perils is scheduled to be filed countrywide this summer.
The American Association of Insurance Services (AAIS) recently announced that in July 2010 it expects to conclude...
While other insurance agents are visiting manufacturing plants, shopping malls and office parks, Brian Phoebus is hanging out in historic homes, renovated museums, art galleries and performing arts theaters.
His haunts include Montpelier in Virginia, the lifelong...
With the U.S. Green Building Council forecasting growth in the green building market to double between now and 2013, agents and brokers can expect to see increasing client demand for green insurance coverage. Because standard commercial property insurance policies...
St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence.
The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new Commercial Lines Division. He...
AmWINS Group, Inc. and Colemont Insurance Brokers announced that the two companies will be combined to form a specialty insurance distributor placing more than $4.8 billion in annual premiums with over 1,800 employees in 16 countries worldwide.
Terms of the...
Online marketplace MarketScout and Glenn Hargrove, former CEO of Crump, Inc., have teamed up to launch MarketScout Wholesale (MSW), which will combine wholesale brokerage and managing general agency (MGA) services with new distribution technology.
Hargrove and...
Wage-and-hour lawsuits have surpassed employee discrimination suits, measured by both number of filings and size of settlements, according to a report from Advisen Ltd.
Most insurers have shied away from covering these suits, leaving companies with a substantial...
