Fitch: E&S Market Will Feel Impact of Berkshire's Expansion in Coming Quarters

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Specialty Markets Insight eNewsletter
Featured Story December 30, 2013
By Arthur D. Postal, PropertyCasualty360.com
Fitch: E&S Market Will Feel Impact of Berkshire's Expansion in Coming Quarters
By Arthur D. Postal, PropertyCasualty360.com
While Berkshire's aggressive expansion in the excess and surplus lines space earlier this year through the hiring of top American International Group employees hasn't significantly altered the market yet, Fitch says it expects pricing implications related to this expansion "to materialize in coming quarters."…Read More
More Specialty Lines News
9 Mo. Results Show Industry Set for Best Post-Crisis Year
By Arthur D. Postal, PropertyCasualty360.com
Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a "firm trajectory" for what will "assuredly be its best year in the post-crisis era."…Read more
Class Action Suits Already Filed Against Target for Data Breach
By Anya Khalamayzer, PropertyCasualty360
Target reported that hackers stole up to 40 million credit and debit card records, including Target REDcards, of customers who shopped in-store in the second-largest retail data breach on record. …Read more

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Cat Bond Use Soars in 2013; Expected to Be Strong in 2014
By Arthur D. Postal, PropertyCasualty360.com
The catastrophe bond market is thriving, and sponsors are finding continued strong demand for a diversifying set of risks, according to Fitch Ratings.…Read more
Federal Judge Rejects Efforts of Mississippi County to Intervene in State's NFIP Suit
By Arthur D. Postal, PropertyCasualty360.com
A federal district court judge in Mississippi rejected the effort of a Mississippi county to intervene in the state's lawsuit challenging NFIP rate hikes.…Read more
CoreLogic Acquires Cat Modeler Eqecat
By Anya Khalamayzer, PropertyCasualty360.com
Data analytics company CoreLogic has confirmed its acquisition of catastrophe modeler Eqecat.…Read more
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31 Dec, 2013


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