January 11, 2010
Arc Legal Assistance (Arc Legal), the official legal expenses provider, now provides Motor Legal Expenses Insurance (MLEI) to 90 percent of insured motorcycles in Ireland following its appointment by AXA Insurance Ireland as provider on all its motor bike policies. …
January 11, 2010
January renewals showed signs of softening as reinsurers benefited from improved financial markets plus a lack of natural catastrophe claims in 2009, according to the latest issue of BestWeek U.S./Canada. The three largest global reinsurance brokers — Aon Benfield, Guy …
January 10, 2010
Economy to Recover in Some States Before Others The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — that …
January 10, 2010
The United Nations’ Copenhagen Conference on Climate Change strained mightily and produced — a note. Co-authored by the United States and China as a last minute face saver, only five nations signed it. This wasn’t much, to say the least, …
January 10, 2010
Bright Spots for Commercial Contractors; Tough Times for Residential Market Construction insurance specialists say market improvement in 2010 for the construction industry will be slow for most sectors — even so opportunities do exist. Publicly funded construction projects have seen …
January 10, 2010
Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co. LLC. Guy Carpenter’s World Catastrophe Rate on Line (ROL) Index declined by 6 percent at …
January 10, 2010
Soft Market, Economy, Taxes and the Producer Dilemma on the Frontlines for Agents To be proactive, one needs to understand and exploit current and future trends. Most trends can be predicated by understanding recurring cycles and applying that knowledge to …
January 10, 2010
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. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …
January 10, 2010
American-born poet, T.S. Eliot, did little to further the cause of attracting people into the insurance business. As far back as 1922, in his famous work, “The Wasteland,” the sometime bank employee created a repulsive character and described him as …
January 10, 2010
Small business owners are at risk from employment-related charges and lawsuits. Workplace discrimination claims are at an all-time high and small business owners feel vulnerable. Yet, although a recent survey showed that most are worried they might face an employment-related …