Are we doing things we really should be doing from a regulatory standpoint to cut the cost of regulation? asked Property Casualty Insurers Association of America President and CEO Ernie Csiszar during the International Insurance Society’s 42 Annual Seminar in …
An agency owner who believes that a merger or acquisition is all about the money may leave a lot more on the table than a premium price. They may be putting the future of their agency in jeopardy. M&A is …
The five most important things carriers can offer independent insurance agencies are: competitive rates; technology that helps them more easily write business and service customers; a variety of markets and products; competitive commissions and support provided by service personnel via …
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 Occupational and …
Brad Giles encounters cultural differences among his firm’s workforce on a daily basis. Giles is corporate vice president at the Washington Group, an international construction firm based in Boise, Idaho, that has more than 25,000 employees, working in 40 states, …
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 …
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 …
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 biggest omission owners make when buying a commercial …
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 …
Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to utilize the Liability Risk Retention Act as an alternative to the …
