SLR Market Sets Record Growth

SLR Market Sets Record Growth

With direct premium written growing at 11.2 percent and surpassing the $50 billion mark, the surplus lines market segment set a new record in 2019, according to Best’s 27th Market Segment Report: Expanding Opportunities Bolster Surplus Lines Growth and Operating...
Commercial Rates Up in 3rd Quarter

Commercial Rates Up in 3rd Quarter

At the close of the third quarter 2020, commercial lines and personal lines property/casualty insurance buyers saw rates increase on every line of coverage. For commercial lines, “the composite rate is up 6.5 percent for the third quarter 2020 as compared to up...
Flood Prone Community Moves

Flood Prone Community Moves

Residents of the Pecan Acres subdivision in New Roads, have begun the process of building new homes about two miles from their neighborhood’s current flood-prone location, the Baton Rouge Advocate reported Oct. 6.  The relocation effort, which began more than...
Fraud of the Month

Fraud of the Month

Richard Meleski pled guilty in a Philadelphia federal court to faking a military career as a Navy SEAL, stealing from the government and straw purchasing of firearms, United States Attorney for the Eastern District of Pennsylvania, William M. McSwain, announced in a...