A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful Hillary Clinton, it faces a harder task convincing others. The coalition, led …
There are more than a half million enterprises in the restaurant and bars market generating approximately $5.5 billion in all lines premium. This is a sector that has enjoyed generally solid to exceptional growth in sales and employment in recent …
The Supreme Court struggled in late April with how much weight to give an insurance company’s potential conflict of interest when it denies an employee’s health or disability benefits claim. The lawyer representing the Ohio woman who sued MetLife Inc. …
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. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
Myanmar’s disaster and a 100-year, $800 billion plan to combat climate change The cruelest months for many insurers, reinsurers and brokers, were undoubtedly the end of April and the beginning of May when they reported first quarter earnings. With few …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …
The U.S. Senate officially rejected a bid by Gulf state senators to add wind coverage to the financially strapped federal flood insurance program. Lawmakers from Louisiana and Mississippi cited problems that occurred after Hurricane Katrina and other big 2005 storms …
Civilians deployed to war zones often encounter problems receiving medical treatment and are hesitant to seek help for emotional stress caused by their deployment, a new U.S. congressional report finds. Federal policies on the treatment of nonmilitary personnel — particularly …
Supply chain players advised to combine strategies for a multi-level solution to loss control While cargo theft can affect every sector of the supply chain, competing interests among the various players in the chain can get in the way of …
One of the realities of the agency business is that there is no single accepted formula for remunerating producers. Instead, there are four and a half. They include straight salary, straight commission, draw against commission, and salary plus commission. The …
