March 23, 2009
Insurers Compete for a Growing Green Industry Jim Henson’s famous Kermit the Frog said it the best, “it’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy, being green can be profitable. The green …
March 23, 2009
The general liability line of insurance has produced industry-wide combined ratios below 100 percent for the past two years, but this profitable underwriting performance is unlikely to continue, analysts say. General liability losses and expenses are expected to increase faster …
March 23, 2009
Are professional sports the next terrorist targets? The terrorist attack on Sri Lanka’s cricket team in Lahore (Pakistan) “highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions (www.rms.com). “A …
March 23, 2009
Hybrid Boats Offer New Way to Sell Coverage to the Green-Minded Customer Hybrid boats are hitting the market and the growing popularity of hybrid and electric boats have directly impacted what boaters expect from their insurance. According to the NMMA …
March 23, 2009
The commercial lines insurance market showed more signs of price stabilization in the last quarter of 2008. Commercial insurance prices saw just a slight decline of 3 percent during the fourth quarter of 2008 compared to a year ago — …
March 23, 2009
MyNewMarkets.com’s Top 10 Oddest Market Searches and Requests A “hot” risk from an agent’s view is the one sitting on his or her desk demanding immediate attention. Sometimes those hot prospects aren’t business owner policy or even standard-carrier-eligible; in fact …
March 23, 2009
Congress passed a measure extending the National Flood Insurance Program through Sept. 30, 2009, under the omnibus appropriations bill. The NFIP extension was set to expire at 11:59 p.m. on March 6, but Congress passed a continuing resolution to extend …
March 23, 2009
In Their Own Words Dear Reader: Every business has a story to tell. For many corporations, small and large, that story ties closely to the personal lives of their founders. Throughout Insurance Journal‘s history, we have come to know and …
March 23, 2009
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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
March 23, 2009
Top 7 High-Growth Industries’ Risks and Unique Exposures Planning for the “upside” must begin now. The soft insurance market will end, and the rebound from the financial bottom will happen. But don’t try to predict when, just get out in …