If the struggling bond market is saved by a potential bailout, turbulence in the stock market could ease — but without a bailout, cities across the country could have difficulty building everything from sewers to schools. A string of gains …
Columbus, OH, Jan 28 2008 – InsuranceLeadz.com, Inc. has announced the release of their brand new comprehensive website for insurance agents. The new look is designed to allow agents to more quickly access critical information about the company and its …
Richmond, Va.-based specialty insurer Markel Corp. reported that its 2007 combined ratio was 88 percent compared to 87 percent in 2006. Comprehensive income for 2007 was $337.0 million compared to $550.8 million in 2006. Gross written premiums for the year …
An increasingly common complaint against the insurance industry charges that it is largely responsible for the disappearance of traditional events and activities due to the unavailability and/or the increasing cost of liability coverage. In an article on the Lloyd’s Web …
Insurers defend recent years’ profits, deny allegations and call national consumer group’s report ‘fatally flawed’ A national consumer organization has charged that property casualty insurers are unfairly overcharging for home and auto insurance at the same time they are reducing …
Fitch reports leaner and more transparent brokers are better equipped to deal with changing market conditions Taken as a group, the nation’s largest public insurance brokers did better in 2007 than 2006, although the continuing soft market will make it …
Every inexperienced agent and seasoned producer is hired with some general production goals in mind. In the first few weeks and months that follow, their managers diligently watch over their new hires, much like they check the Web, minute by …
As insurance companies face larger, more frequent catastrophe losses, they are increasingly playing hardball with their insureds. Hurricanes, wildfires, tornadoes, floods and earthquakes can put pressure on a company’s surplus, and ultimately, its solvency. Every claim denied, delayed or underpaid …
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
Stock Prices: Commercial lines insurers’ stocks have been relatively flat in 2007. Chubb Corp. (NYSE:CB) posted the largest gain at 5 percent. M&A Activity: The fourth quarter started with a bang as two large publicly traded companies were acquired by …
