Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market cycle. An abundance of capacity coupled …
While no one truly wants to admit it, terrorism is here to stay… at least for the time being. The War in Iraq has further provoked the unstable global political climate, and the results are uncomfortable at best. U.S. Attorney …
Looking to move Tennessee down on a list it doesn’t necessarily want to be number two on, Tennessee Gov. Phil Bredesen (D) has been championing the need to reform workers’ compensation in the Volunteer State. Recently, the Tennessee General Assembly …
Writing public entities coverage these days does not come without its challenges. After talking with several industry experts, the conclusion may be to tread carefully when writing this coverage. According to Kim Wells, vice president of Victor O. Schinnerer & …
Crossing Paths with North Carolina Senator Elizabeth Dole By Dave Thomas Having served U.S. Presidents, the medical community and North Carolina residents as senator for the Tar Heel State, Sen. Elizabeth Dole has accumulated quite a resume over the years. …
Hard markets have a way of making insurance company financial strength ratings a hot topic of discussion, and not just among insurance agents and brokers. Professional risk managers and other insurance buyers, consumer advocates, regulators and the media all get …
Michael Rounds was having trouble sleeping at night. An insurance agent by trade and a politician by passion, he had told close friends and associates that he would not run for the governorship of South Dakota. It was 2001, a …
Both the commercial and personal lines property/casualty markets grew significantly in 2002 creating opportunities for each of the three major distribution systems: independent agents and brokers, captive agents, and the direct response companies. The larger the market share in a …
Program business in the current hard market is not quite dead, but has taken gunshots to the torso. There are heavy bruises on the neck, rope burns on the wrists and wounds consistent with a pointed object to the chest. …
States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make that statement do so with a quick …
