W.R. Berkley Forms Professional Lines Unit, Berkley Edge; Names Secor as President

W.R. Berkley Corp. announced the formation of Berkley Edge, a new business providing professional liability and…

Softening Continues for Most Commercial P/C Lines in Q2, Says CIAB

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across…

Crest Names Gibbs Commercial Lines Broker and Muehlebach General Counsel

Easton Gibbs Crest Insurance Group hired Easton Gibbs as a commercial lines broker. He most recently…

Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report

Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million…

Aon Reports 6% Organic Revenue Growth, Boosted by Commercial, Reinsurance Lines

Insurance broker Aon reported second quarter revenue of $4.2 billion, an 11% increase from $3.8 billion…

Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second…

Guy Carpenter Promotes Hakes as Global Head of Marine, Energy, and Technical Lines; Moody’s Names Aquino as Global Co-Head of Insurance

This edition of International People Moves details appointments at Guy Carpenter and Moody’s Ratings. A summary…

California Surplus Lines Take-up Soars as Brokers Work to Find Coverage for Clients

The best way to tell that the California homeowners insurance market has been a bear is…

Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%

According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the…

Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds

Carnival Cruise Lines could not have foreseen a sexual assault on a teenager, despite a lack…