Monthly Archives: <span>January 2016</span>

Business Moves

Swiss Re Corporate Solutions, IHC Risk Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk Solutions’ …

Making New Habits

As January comes to a close many have already broken their annual New Year’s resolution promise. But the key to setting resolutions that stick is to turn those resolutions into habits, says Josh Klapow, Ph.D., a clinical psychologist at the …

A Look Back and Ahead with Nationwide Ventures’ Michael Miller

Michael Miller, the longtime president and chief operating officer of Scottsdale Insurance Co., has stepped into a new executive role with corporate parent Nationwide where he’ll manage and spearhead strategic investments for the insurance giant. Miller, now the new president …

The Smartphone Imperative: Why Agents Must Adapt

There is no shortage of predictions and New Year’s resolutions about the challenges facing independent agents this year. There’s one trend, however, that needs no prediction because it’s already a reality that every agent must address or face growing irrelevance …

P/C Execs Predict Cyber Growth, Democrat in the White House

Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see any increase in profitability this year for most lines of insurance, and they expect the economy to stay about the …

The Struggle Getting U.S. Regulators to Understand Insurance

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council (FSOC) is a done deal. But exactly what that means in terms of higher regulatory standards is still not clear. Those details could come …

Declarations

Wild Imaginings “Oh my Lord, I’ve got ducks swimming in pecan orchards. We never, in our wildest imaginations, thought there would be so much rain, or snow, in the pecan belt.” —Randy Hudson, a pecan grower in Ocilla, Ga. The …

5 Trends Driving Change in Insurance Distribution

The property and casualty (P/C) industry is in a great position for further growth in the upcoming year. Robust economic recovery along with the entry of new products and services have enhanced the industry’s outlook. This is our second annual …

Renew More Personal Lines Policies With Better Marketing

Is it worth it to market personal lines policies to drivers and homeowners who shop year after year? It’s costly to book new business and besides; a steady flow of renewals is what keeps the insurance industry in business, including …

Deal Activity Still Booming

Deal count for the third quarter of 2015 continued its record breaking pace with 89 announced transactions. Although it was the slowest quarter in 2015 (107 in 1st quarter and 99 in 2nd quarter), it was the most active third …