N8 Special Report
2008 Excess, Surplus & Specialty Markets Directory, Vol. II 16 Catastrophe Coverage Wholesalers Can Help 114 Japan’s P/C Market Risks and Rewards 118 Beyond the Perception Trap Become Remarkable
Business Moves
Woodlands Financial, Austin Indemnity The Woodlands Financial Group (TWFG) will acquire the renewal rights of the personal lines homeowners business of Austin Indemnity Lloyds Insurance Company (AILIC), effective Aug. 15, 2008. In a joint announcement, the companies said TWFG General …
The Old Switcheroo
Declarations “[W]ith Oklahoma City having a higher metropolitan population, I thought it would have been the other way around.” – Officer Craig Murray of the Tulsa Police Department. A recent report showed Oklahoma City drivers are less likely than Tulsa …
NATIONAL COVERAGE
S&P Says Nationals Safe, While Midwest-Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Insurance Regulation Bills N4 | Home Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | Conning: …
– Decatur Street, New Orleans
The U.S. Census bureau ranked New Orleans as the fastest growing city in the nation last year, but populations in other South Central cities also are on the rise. In Texas, Houston added the most people between July 1, 2006, …
Obtaining Optimal Catastrophe Coverage
The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them …
Louisiana High Court Keeps Katrina Decision
The Louisiana Supreme Court refused July 8 to reconsider its recent ruling that an insurance company isn’t liable for water damage from the failure of levees in Hurricane Katrina’s aftermath. The court ruled in April that Lafayette Insurance Co. isn’t …
AIG’s Troubles = Industry Troubles?
Willumstad is the wrong person for the job and would be even if these were good times. The world’s largest insurance company, the one that always announces spectacular earnings, the company with the forceful views on how the market should …
TSLA President Says Sharing Knowledge Is Just One of Many Membership Perks
Lana Parks says her managing general agency, The Parks Group, bought a new computer system after a fellow member of the Texas Surplus Lines Association shared with her their experience and knowledge of the system. That’s one of the benefits …
Honda Civic, Accord Top 2008 List of Most Stolen Cars
The 1995 Honda Civic was the car stolen the most in 2007, according to “Hot Wheels 2008,” an annual study from the National Insurance Crime Bureau (NICB). According to the 2008 report of cars stolen in 2007, older model vehicles …
