Market News
KBRA Affirms Ratings for Premia Reinsurance Ltd.
Kroll Bond Rating Agency (KBRA) affirmed the insurance financial strength rating of A- for Premia Reinsurance Ltd., a Class 4 Bermuda specialty reinsurer focused on acquiring nonlife runoff liabilities. Read More
Florida Loss Creep Expected To Weigh on June Reinsurance Renewals
Anticipated reinsurance rate increases for Florida-specific property insurance companies in the upcoming June renewal period potentially could pressure the more thinly capitalized companies in the market. Read More
Get Up to Speed on Trucking Liability Insurance!
In this new IRMI white paper, "Liability Insurance for Nontrucking Use-Bobtail and Deadhead Coverage," you'll explore insurance for nontrucking use (IFNTU) coverage, what it is, solutions for addressing its unique exposures, and the court decisions interpreting the scope of IFNTU. Read More
Marsh Finds Global Commercial Insurance Pricing Increased 11 Percent
Marsh's fourth quarter 2019 "Global Insurance Market Index" revealed that commercial insurance prices increased 11 percent. Read More
January 2020 Commercial Lines Premium Renewal Rates Moving Up
Year over year, nearly all lines of business experienced an increase in average premium renewal rate except workers compensation, which saw a negative turn. Read More