Main Street E&S: Why independent agents like backyard brokers In today’s business world, it’s rare to hear a live voice on the other end of a phone call. Most companies, small and large, have succumbed to answering customer calls via …
I.I.I. JOINT P/C FORUM: Outside Looking In – Left to right: V.J. Dowling, Dowling & Partners Securities; Mark Puccia, Standard & Poor’s; David Schiff, Schiff’s Insurance Observer; Brian P. Sullivan, Auto and Property Insurance Reports and Franklin Nutter, Reinsurance Association …
Stock Prices: Commercial lines stocks advanced for the second consecutive two-month period, up 5 percent for November/December, compared to a 7 percent increase in September/October. Companies continue to impress despite increased competition and catastrophe losses. With the exception of St. …
Regulatory modernization tops industry’s legislative agenda for 2006 With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on …
Welcome to Insurance Journal’s 2006 National Directory of Excess, Surplus and Specialty Markets, Volume 1. This exclusive biannual market directory has been designed to assist independent agents and brokers in the task of placing difficult or unusual risks. For ease-of-use …
Gemstar-TV Guide International Inc. has sued an insurer, seeking to recover $50 million in liability coverage the media and technology company claims it is due to help cover judgments stemming from lawsuits about inflated revenues. In its complaint, filed in …
Topliff v. Chicago Insurance Co. (Wash. Court of Appeals, Nov. 15, 2005) Ruling: The insured, an attorney, had been sued in an underlying action, and his professional liability insurer denied coverage because the claim was not within the definition of …
Portable persistency discounts helped to encourage competitively priced products that promote comparison shopping. Amid the confusion surrounding the elimination of portable persistency discounts in California, we may have lost sight of the real issue: Portable persistency discounts are good for …
Ten 2006 passenger cars won praise from the insurance industry for offering protection to passengers in front, side and rear crashes. Winners of the Insurance Information Institute’s gold award included the Ford 500 and Mercury Montego with optional side air …
It’s one thing to prepare for a disaster to mitigate damage, but what should policyholders do if the damage is already done? The Association of California Insurance Companies offered the following tips – that can be shared with customers – …
