Monthly Archives: <span>February 2004</span>

Expand Your Book of Marine Business with Charterers’ Liability

Most agents and brokers who are trying to grow a book of ocean marine business have familiarized themselves with the open cargo policy, which meets the cargo insurance needs of organizations that are engaged in international trade. When an organization …

Peak Performance Delivers Information Avalanche

The Peak Performance Insurance Ski Conference, Jan. 22-25, in Copper Mountain, Colo., delivered more than the slopes. The conference, hosted by Insurance Journal, Fries & Fries Consulting, programbusiness.com, and National Marketing Services, addressed the evolving marketplace, the alternative marketplace, including …

Gulf, Affiliates on CreditWatch Neg

S&P announced that its “A+” counterparty credit and financial strength ratings on members of the Gulf Insurance Group—Gulf Insurance Co., Atlantic Insurance Co., Gulf Underwriters Insurance Co., Gulf Group Lloyds, and Select Insurance Co.—are remaining on CreditWatch with negative implications. …

Travelers on CreditWatch

Standard & Poor’s Ratings Services said its “A-” counterparty credit rating on Travelers Property Casualty Corp. and its “AA-” counterparty credit and financial strength ratings on members of the Travelers Property Intercompany Pool and Travelers Casualty and Surety Co. of …

PMA Capital Ratings Lowered

Standard & Poor’s Ratings Services lowered its counterparty credit rating on PMA Capital Corp. to “CC” from “B” and removed it from CreditWatch, where it had been placed on Nov. 4, 2003. The outlook on PMACA is developing. S&P also …

The Affluent: The Attitude is Different

F. Scott Fitzgerald, the American short-story writer and novelist who chronicled the Jazz Age of the 1920s, once observed that the rich are different. But in the 21st Century global economy, just how are affluent consumers different than other consumers? …

Sales Lessons You Can Learn from the Presidential Primaries

This is the heart of the presidential primary season. The media is full of pundits discussing what the leading candidates did right and what the dropouts did wrong. If you pay close enough attention, there are some valuable lessons to …

Are You Playing by Old Agency Management Rules’

Isn’t it time to break the old rules and create new ones? According to Scientific Mind Magazine, “the human mind excels at creating fears and preserving them. We have more fears than we need.” So, Tabula Rasa, which is Latin …

TDI to Consider TWIA Appointments March 10

The Texas Department of Insurance will hold a hearing March 10, 2004 at 9:30 a.m. to consider Docket No. 2590, concerning two nominations for appointment to the Board of Directors of the Texas Windstorm Insurance Association (TWIA). James E. Wade …

Central Texas All Industry Day Set for March 3

The Central Texas Chapter of CPCU and the Austin Association of Insurance Professionals announced that the Central Texas 2004 All Insurance Industry Day and Education Recognition Luncheon will be held March 3, 2004 in Austin. The keynote speaker at the …