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Beazley unveils its first environmental risk products
The recently formed environmental unit of The Beazley Group has launched its first environmental products designed to meet the evolving needs of the environmental services industry. The Farmington,...
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Tuscano Agency launches new professional liability division
The W.N. Tuscano Agency, a Greensburg, Pa.-based insurance wholesaler and surplus lines broker, added a new professional liability division that is working with agents throughout the mid-Atlantic and...
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Claims-Made Policies: Agents, clients must understand retro dates
There are a number of risks which, because of the nature of their business, are placed into a claims-made policy instead of a traditional occurrence policy. Many Professional Liability policies –...
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Composite property-casualty rate seems ‘stuck’
February’s composite rate for U.S. property-casualty insurance coverages showed a 5% decline, according to MarketScout’s monthly analysis. The company said February was the fourth straight month where...
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U.S. Risk expanding California presence with acquisition
U.S. Risk Insurance Group, the eighth largest managing general agency and surplus line wholesaler in the nation, acquired American Special Risk Insurance Services to expand its California presence....
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Some commercial P-C sectors ‘transitioning’ toward hardening
The insurance market for construction firms, architects and engineers appears to be hardening, according to the latest Lockton Market Update. The monthly analysis from the world’s largest privately...
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