There are clear opportunities for the federal government to support research into making homes and businesses safer from violent windstorms and to remove barriers to developing hazard resistant construction. That was the message delivered recently to the Senate Committee on …
Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses. Powered by the best underwriting results in almost three decades, insurers’ net income after taxes …
To drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she claimed to have retrieved from her yard in the five years she …
Demotech Inc. recently completed an exhaustive study of its 23,118 insurance company Preliminary and final Financial Stability Ratings (PFSRs and FSRs) issued from 1989 through 2004 and found that regional and specialty insurance companies with stable ratings present no more …
Interviewed by Kevin B. O’Reilly Dale Finke doesn’t see what all the fuss is about. When Missouri’s Republican Gov. Matt Blunt nominated Finke to be the state’s insurance director back in February, some objected to how he was selected. Finke, …
Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states, according to a new study by …
Golfers spend literally thousands of hours every season on the driving range, hitting golf balls and working on technique, hoping to find that “magic bullet” that will take their game to the next level. But how many have invested the …
The Independent Insurance Agents and Brokers of Louisiana celebrated the “New Louisiana” in Destin Fla., June 26 – 29, 2005, at the association’s 103rd annual convention and trade show. Louisiana’s agents apparently had much to celebrate, as reforms to the …
The opportunity to win a large cash prize, vacations for life, or a brand new car for sinking a lucky hole-in-one not only adds a high level of buzz and excitement to any golf tournament, but it also creates heightened …
Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society (CAS) Spring Meeting. Roberta Garland, president, Garland Actuarial LLC, and …
