Content from Chad Hemenway
Rate Increases Steady in Q2: MarketScout
MarketScout said commercial property/casualty rates in the U.S. during the second quarter of 2022 were about the same as the first quarter, with composite average rate increases across all lines of ...
Over 20 New E&S Entrants Reshaping Marketplace: RPS
Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess & surplus marketplace over the last couple of years ...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles
Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, "I am just constantly ...
Cyber InsurTechs and Insurers ‘In This Together,’ Not in Competition
InsurTechs and insurance companies are "breaking down the wall" that stood between them as competitors in favor of working together to tackle dynamic cyber risk. "We're all trying to solve the same ...
Captives, MGAs, MGUs Contribute to Growing Cyber Insurance Market
The hard market for cyber insurance, which is expected to continue for "some time," and a lack of capacity has made captive insurers an "attractive risk management option for corporations," said AM ...
Howden Group to Acquire TigerRisk Partners to Create ‘Much-Needed’ Fourth Reinsurance Broker
Howden Group Holdings said it has created the "much-needed fourth global player in the reinsurance market" with an announcement it has acquired TigerRisk Partners to bolster the scale and depth of ...
Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI
A mid-year update on the commercial property/casualty market from USI Insurance Services is the latest to report rate stabilization in most lines of business — except for cyber. The cyber insurance ...
An Interview With Karen Clark 30 Years After Hurricane Andrew Affirmed Her Models
June 1 marked the beginning of the Atlantic hurricane season — one that is expected to be above average in terms of named storms and hurricanes. Carrier Management's sister publication, Insurance ...