Monthly Archives: <span>September 2005</span>

Zodiac Underwriting Guide to Drivers

Affable Aquarius (21 January — 19 February) The gentle qualities of Aquarius are reflective in an average claims record on all counts. The Aquarian drivers consider themselves sensible, responsible and family-oriented with a relaxed, patient attitude toward driving. Star driver: …

Born to File Claims: Driving Behavior is Written in the Stars

Many people turn to the stars for direction in matters of money, love and happiness. Now, according to a survey conducted by Prudential Car Insurance in the United Kingdom, it appears that the zodiac may also play a role in …

Hurricane Katrina: The Legal Saga Begins

The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the history of flood …

There’s a Lot to Do in Katrina’s Wake

The aftermath of Hurricane Katrina’s crushing blow to Louisiana and Mississippi makes one wonder, how long it will take for everything to get back to normal, and will it? Last week, I talked to several insurance agency owners in Mississippi …

Latin Agents Urge Insurers to Join the Hispanic Market Explosion

As the Hispanic population surpasses 40 million with a combined purchasing power of more than $700 million, the insurance industry is keeping its eye on this ever-growing market segment. Hispanic agents and Latin agent insurance associations are playing an increasingly …

As the Hispanic Population Surges in the United States

Number of Latin-Owned Businesses Increases, Total Buying Power Also Rises By Cynthia Beisiegel The U.S. Hispanic population has seen phenomenal growth over the past several years, and along with that, a boom in Hispanic-owned businesses. According to the U.S. Census …

New Orleans-Based GEB Insurance Agency Weathers Katrina

Firm’s Mobile Emergency Unit Takes Claims in Baton Rouge Before Hurricane Katrina, Gillis, Ellis and Baker Insurance, a New Orleans-based independent insurance brokerage that writes casualty insurance, liability benefits, health, employment, risk management and seismic vessel coverage, had offices across …

Surveying the Damage: After Katrina, Can the Industry Withstand Another Disaster?

Hurricane Katrina could be called an industry nightmare. Some insurers were still reeling from the effects of the Asian tsunamis and last year’s four hurricanes. Yet when Katrina struck in late August, she forced insurers to action. The hurricane dislodged …

International Newsbriefs

European Insurers Estimate Katrina Losses: A disaster the scope of Hurricane Katrina hits everybody, not just U.S. carriers. The following are some of the preliminary estimates of anticipated losses from a number of European insurers: Amlin Plc, a leading Lloyd’s …

In Uncertain Times, Surplus Market Certain to Respond

Regardless of what insurance regulation looks like in 2010, experts say the surplus lines industry will still be defined by its ability to adapt and innovate in the product arena. The industry’s freedom from rate and form regulation provides it …