June 4, 2007
N.Y. Gov. Spitzer brokers $2 billion settlement between Silverstein Properties and seven insurers New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies …
June 4, 2007
Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned by IBM. U.S. consumers want personalized …
June 4, 2007
The tort system in the United States cost small businesses $98 billion in 2005, with the fear of lawsuits altering the way the small business owners make decisions, according to studies released at a Congressional hearing by the U.S. Chamber …
June 4, 2007
Have a problem with a boss? All you have to do is set up a meeting to discuss it and work it out. If things don’t change, then get the resume together and start looking for a job. Easily solved, …
June 4, 2007
Plans are in place for what its creators say will be the first captive insurance program designed exclusively for companies that are committed to sustainable business practices such as using renewable energy and producing environmentally friendly products. Denver-based Domani Sustainability …
June 4, 2007
Multinational businesses face serious challenges when managing catastrophe risk Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk …
June 4, 2007
Railroads, lenders, investors, manufacturers, contractors and others face environmental liability exposures The demand for freight transportation by rail has grown steadily in recent years after a prolonged period of excess capacity. The increased demand was fueled by a generally growing …
June 4, 2007
If they can do it “Forty-nine other states feel comfortable with their departments of insurance regulating ratemaking.” — Louisiana Sen. Julie Quinn, R-Metairie. The Senate passed a Quinn-sponsored bill that would eliminate the Louisiana Insurance Rating Commission and transfer its …
June 4, 2007
Presidents rememberedM “I think in our country most presidents have great qualities. I knew Nixon quite well and I was a great admirer of his. His grasp of foreign policy was uncanny. He had weaknesses but he had great strengths …
June 4, 2007
Pay for flood now or later “I would put flood insurance back in the homeowner’s policy maintaining the federal government as the reinsurer … We need to bring more people into the system … We need to bring them into …