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US E&S Outlook No Longer Positive: AM Best

1 week 1 day ago
AM Best revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced. The change comes as rates soften and premium growth moderates. “Although favorable market conditions for E&S writers …

Why Reciprocal Insurance Exchanges Are Back in Fashion

1 week 1 day ago
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance capacity in catastrophe-prone regions supporting the resurgence. Third-party investors “are not exposed to the insurers’ …
Susanne Sclafane