Claims frequency involving directors-and-officers (D&O) liability coverage rose in 2017, but that trend has not led to firming prices, according to AM Best.
Even though capacity remains strong, pricing for terrorism insurance may jump as the cost of coverage in general will increase because of catastrophe losses last year, predicts a study issued today by Marsh.
Even though capacity remains strong, pricing for terrorism insurance may jump as the cost of coverage in general will increase because of catastrophe losses last year, predicts a study issued today by Marsh.
How such an eventful catastrophe year as 2017 could fail to dramatically affect pricing in a positive way seems to have surprised, and disappointed, many underwriting executives at Lloyd's syndicates.
Starr has forged a partnership with drone safety and insurance start-up SkyWatch to provide cover for commercial drone pilots whose ranks look set to swell after the US Federal Aviation Administration (FAA) loosened licensing requirements.
A California judge has ruled the state’s insurance commissioner overstepped his authority in setting State Farm's homeowners’ and renters’ insurance rates.