Business Insurance - _Brokers & Insurers http://businessinsurance.com/section/news04 http://www.businessinsurance.com en-us Mon, 1 Sep 2014 17:43:01 EST 10 Insured losses from Napa earthquake could reach $1 billion http://businessinsurance.com/article/20140831/NEWS04/140829833 20140831/NEWS04/140829833 The magnitude 6.0 earthquake that shook the Napa Valley region last week caused up to $1 billion in insured losses, with damage centered in the city of Napa enabling the nearby wine industry to emerge mostly unscathed. Sun, 31 Aug 2014 06:00:00 EST Surety bond sector strengthens on rebounding construction industry http://businessinsurance.com/article/20140831/NEWS04/308319975 20140831/NEWS04/308319975 The surety bond sector looks to register its second consecutive year of growth, led by the private construction sector as the economy slowly improves. Sun, 31 Aug 2014 06:00:00 EST Congress could delay passage of TRIA renewal bill past November elections http://businessinsurance.com/article/20140831/NEWS04/308319977 20140831/NEWS04/308319977 Passage of a bill that would extend the federal terrorism insurance backstop could be pushed into a lame-duck session following the November elections. Sun, 31 Aug 2014 06:00:00 EST Reinsurers look to Southeast Asia for growth opportunities http://businessinsurance.com/article/20140831/NEWS04/308319984 20140831/NEWS04/308319984 Reinsurance buyers in Southeast Asia continue to benefit from soft rates as reinsurers target the region's fast-growing economies. Sun, 31 Aug 2014 06:00:00 EST Reinsurer mergers and acquisitions likely to rise on softening market http://businessinsurance.com/article/20140831/NEWS04/308319985 20140831/NEWS04/308319985 The reinsurance industry is likely to see more mergers and acquisitions in the coming months as firms seek to grow in a generally soft market and put excess capital to work. Sun, 31 Aug 2014 06:00:00 EST Reinsurers rarely targeted for hostile takeover bids http://businessinsurance.com/article/20140831/NEWS04/308319986 20140831/NEWS04/308319986 Hostile takeover bids have not been common in the reinsurance industry, and observers differ about whether that may change in the wake of Endurance Specialty Holdings Ltd.'s failed bid for Aspen Insurance Holdings Ltd. Sun, 31 Aug 2014 06:00:00 EST Reinsurance market investors search for opportunities beyond U.S. http://businessinsurance.com/article/20140831/NEWS04/308319987 20140831/NEWS04/308319987 Falling returns on insurance-linked securities for peak U.S. Sun, 31 Aug 2014 06:00:00 EST Lower rate increases and frequent losses cause slide in insurer profits http://businessinsurance.com/article/20140831/NEWS04/308319988 20140831/NEWS04/308319988 A slowdown in rate increases, an uptick in weather-related and other property losses, and ongoing low investment returns weighed on the largest commercial property/casualty insurers' first-half results. Sun, 31 Aug 2014 06:00:00 EST Small but frequent weather-related losses hit insurers' profits http://businessinsurance.com/article/20140831/NEWS04/308319989 20140831/NEWS04/308319989 The Property Claim Services unit of Verisk Analytics Inc. doesn't have to declare the cause of insured property damage a catastrophe for insurers to feel the losses. Sun, 31 Aug 2014 06:00:00 EST Insurance brokers see revenue growth as economy improves http://businessinsurance.com/article/20140831/NEWS04/308319992 20140831/NEWS04/308319992 Commercial insurance brokers posted solid first-half results amid a slowly improving economy that boosted organic growth. Sun, 31 Aug 2014 06:00:00 EST