President Calvin Coolidge noted that “All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.” That being the situation, the following 25 companies exerted a lot of effort and work during 2007. …
Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of the subprime mortgage market, the average directors …
About This Report: The soft market had its effect on this year’s Top 100. But despite challenging soft market conditions, 15 of the privately-owned agencies and brokerages on Insurance Journal‘s Top 100 Property Casualty Independent Agencies list managed to increase …
Tort reform, soft market, drive down claims frequency in health care facility liability market Health care facility professional liability has faced new challenges due to recent tort reform efforts, the soft market and a changing perception of how hospitals, the …
During the latter decades of the 20th Century, small insurance offices frequently telephoned their homeowners insureds to say hello and to ask about changes in their lives and property. Today’s larger agencies don’t have the time or staff to make …
The Federal Emergency Management Agency (FEMA) is better prepared for the next disaster but still is not ready for another catastrophe on the scale of Hurricane Katrina, the agency’s internal investigators say. FEMA has made moderate improvements in its ability …
Independent agents hold onto market share, prepare for post-November election politics Insurance Journal‘s Editor-in-Chief Andrea Wells interviewed Robert Rusbuldt, CEO and president of the Independent Insurance Agents and Brokers of America (the Big “I”), at the Big “I” Legislative Conference …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …
Tort reform keeping claims frequency down; surplus up, but severity still an issue Tort reform efforts seem to be working, frequency of claims for medical liability is going down, surplus is up and reinsurance capital is available — and, yes, …
Democratic presidential hopeful Hillary Clinton, as part of a broad plan to boost the fortunes of U.S. workers, if elected would clamp down on tax benefits to foreign insurers doing business in the United States, she said. Under a plan …
