The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is likely to meet or exceed Fitch Ratings’ estimates …
News Currents For the first time in two years the high and mighty from the reinsurance world gathered for their annual Rendezvous in Monte Carlo without having to face the consequences of an ongoing catastrophe (Ivan in 2004 and Katrina …
In workers’ compensation cases, management of injured workers by a specialized network of health care providers — without third-party utilization review — can reduce missed work days and lower health care costs, reports a study in the September Journal of …
Most Americans favor public policies that could help to mitigate the damage caused by catastrophic natural disasters before they happen, but many Americans remain unprepared for a disaster in their own homes and communities. Nine out of 10 adult Americans …
Owners often overlook need for business interruption coverage Although most small business owners know they need property and casualty insurance for their premises, many don’t realize they need specialized insurance coverage to limit their losses from a disaster. Perhaps the …
States try to strengthen flood insurance training for agents The National Association of Insurance Commissioners has adopted a model bulletin regarding training requirements for insurance producers who offer policies through the National Flood Insurance Program. This effort relates to Section …
People are always on the search for the “deep pocket” and insurers are very often the target of such searches. A common fixture of the underwriting process for many insurers is the inspection of an insured’s premises to adequately evaluate …
Contrary to the nefarious plots of Catbert, the “evil director of human resources” character depicted in the popular Dilbert comic strip, a study of nearly 20,000 organizations shows that employee incentives really are good for business. Data from 19,319 organizations …
In the next 10 years, the construction business will need to fill more than 180,000 jobs. As the rush to fill these positions advances, workers’ compensation professionals will be challenged along with the construction firms to assure that workplace safety …
People Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider assuming the office of president-elect and C. Brett Nilsson assuming the …
