Bermuda Insurers and Reinsurers Report Strong 2014

The Association of Bermuda Insurers and Reinsurers has released the results of their annual member survey. The survey results show an increase in both written premium and capital and surplus of $4 billion, and net income of $11 billion. The study cites lower catastrophe losses as driving the increases. The summary results of the study canContinue reading “Bermuda Insurers and Reinsurers Report Strong 2014”

May I See Your License, Registration, and Smartphone?

With the passage of Ohio Senate Bill 255, effective March 23, 2015, Ohioans can officially use an electronic version of proof of auto insurance. Joining 31 other states that already allowed electronic proof of insurance, the new law allows motorists to show digital versions of proof of insurance on smartphones, PDAs, tablets, laptops and otherContinue reading “May I See Your License, Registration, and Smartphone?”

Working with Specialty Insurance Markets

Taken from an article by Terry Quested, Associated Risk Managers – for P&C Insurance Agents Here’s what we know about achieving results from Managing General Agents, wholesale brokers and programs If there is one way to win the heart, mind and hard work of the wholesale insurance intermediary it is in providing them with superbContinue reading “Working with Specialty Insurance Markets”

Coverys Creates New E&S Company

Coverys, a medical professional liability insurance provider, announced the creation of Coverys Specialty Insurance Company (Coverys Specialty), a new excess and surplus lines underwriting company. The new offering rounds out the company’s suite of products and services by providing tailored excess and surplus coverage for unique or hard to place risks. Policies will be underwrittenContinue reading “Coverys Creates New E&S Company”