Households headed by young people (18-24 years old), those in urban or suburban areas, and those with incomes of $75,000 or more were the most likely to experience identity theft, according to a new government survey. Victimization did not differ …
Underinsurance not only leaves policyholders vulnerable, it impacts the profitability of most insurers. Recent high profile events, such as the 2004 and 2005 hurricanes and the 2003 Southern California wildfires, have brought to national attention the problem of underinsurance. Unfortunately, …
Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation under an “optional federal charter” system. U.S. Sens. John Sununu (R-N.H.) …
Lloyd’s insurers have broadened their horizons considerably over the last few years. The major London-based players–Amlin, Beazley, Catlin, Hiscox, Kiln and Wellington are commonly known as the “Group (or ‘Gang’) of Six.” The reasons behind their expansion initiatives are deceptively …
Knowing how to make a business better and more successful is something every business owner struggles with. Defining a successful company’s best practices can provide a framework on what to do to become successful and even more importantly, what not …
Does your agency currently write or pursue public entity business or have you ever thought about pursuing this market? If the answer is yes, you know that there are a number of similarities as well as an equal or greater …
Everyone loves saving money and getting something for nothing. It is why coupons exist and why they are so deeply entrenched in U.S. product marketing. Manufac-turers and service companies employ them to launch new items, attract new customers, and build …
Outgoing American Association of Managing General Agents President Francis Johnson likes to say that the AAMGA is “an exclusive group” but not an “excluding group.” Johnson, who with his two brothers owns Johnson & Johnson Inc. in Charleston, S.C., has …
Stock Prices: Although P/C broker stocks were up 7 percent during the February/March period, Aon Corp. continued to outperform the sector trading up 21 percent for the two-month period. The company reported fourth quarter and full year 2005 results in …
Sometimes common sense is all one needs to reduce a child’s risk of getting hurt. Sometimes it requires technology. A coalition of parents and safety groups, including the American Academy of Pediatrics, are counting on both those things — and …
