July 8, 2002
Insureds and cedants have sued their insurance agents, insurance brokers, reinsurance intermediaries or reinsurance brokers when their insurance carrier or reinsurer faced financial difficulty and could not respond to a meritorious claim. From my perspective, the various legal precedents and …
July 8, 2002
Insureds and cedants have sued their insurance agents, insurance brokers, reinsurance intermediaries or reinsurance brokers when their insurance carrier or reinsurer faced financial difficulty and could not respond to a meritorious claim. From my perspective, the various legal precedents and …
September 10, 2001
There will be no more than 65 property/casualty insurance company insolvencies over the period Jan. 1, 2001, through Dec. 31, 2002, according to Demotech Inc. Demotech Inc., a Columbus, Ohio-based financial analysis and actuarial services firm, arrived at this prediction …
May 7, 2001
Those of us who have been in the insurance business for fifteen years or so can remember when there was a limited number of rating agencies assigning ratings to insurance companies. Today, there are more opinions on insurer solvency than …