What will it take to get ahead in 2008? Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, …
In recent 2007 year-end studies, both Corner-stone Research and NERA Economic Consulting documented how the subprime-related litigation wave drove an increase in securities class action filings during the year. But a related development has drawn less attention — in addition …
In recent 2007 year-end studies, both Corner-stone Research and NERA Economic Consulting documented how the subprime-related litigation wave drove an increase in securities class action filings during the year. But a related development has drawn less attention — in addition …
In a court ruling that came out late on Jan. 18, Allstate was reinstated as a player in the state of Florida in spite of the suspension issued earlier by the Florida Office of Insurance Regulation (OIR). Allstate and Allstate …
States get nearly five more years to verify identity, reissue licenses State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut the cost of those rules and provide …
When the National Transportation Safety Board announced that a design problem on the Interstate 35W bridge likely contributed to its collapse last summer, the agency described it as probably a “one-off” situation — something the board had never seen before. …
Politics as Usual “I have always run the Insurance Department with the utmost integrity and ethics, and now it’s been proven.” —Former North Dakota Insurance Commissioner Jim Poolman voices satisfaction after a proposal to regulate the resale of life insurance …
Federal grand jurors have indicted two Sioux Falls men on charges of burning down their car stereo installation business to collect the insurance money. One of them, Chad Michael Blair, 31, earlier was charged with an unrelated scheme to set …
Swett & Crawford appointed Meredith Dyson as senior vice president. Dyson, who will assist the company with its marketing efforts and other related activities, will be based in New York. Most recently, Dyson was with Mercator Risk Services Inc. as …
New research on the link between the formation of hurricanes in the Atlantic basin and U.S. landfall activity suggests that using Atlantic basin hurricane activity as a proxy for landfall activity can lead to erroneous estimates of both landfall risk …
