Parting Shots

The Four C’s of Risk Management for the Oil and Gas Operator

In what seems a lifetime of handling risk management and insurance for oil and gas operators (well, I guess it is a lifetime if you are under thirty-five years of age), I have come to the realization that the functions …

The Four C’s of Risk Management for the Oil and Gas Operator

In what seems a lifetime of handling risk management and insurance for oil and gas operators (well, I guess it is a lifetime if you are under 35 years of age), I have come to the realization that the functions …

Who’s Afraid of a Little Competition?

Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the number of their employees who are uninsured. Ah, …

A Consumer View on Loss-History Databases

Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common-sense protections against unfair underwriting and rating actions by insurers because of information in loss history databases, such as the Claims Loss Underwriting Exchange and Automated …

New SOX Rules Don’t Fit Mutual Insurers for Size

It’s obvious to us at the National Association of Mutual Insurance Cos. that there are crucial differences between public and mutual insurers. That’s why we oppose the National Association of Insurance Commissioners’ proposal to embed in state insurance regulation the …

Silly Business Suits Back in Style

Saying complimentary things about trial attorneys is not exactly the surest way to win friends in the insurance industry. Yet even in the heated debate over tort reform, it should be acceptable to acknowledge when the other side might have …

Who’s Afraid of a Little Competition?

Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the number of their employees who are uninsured. Ah, …

Who’s Afraid of a Little Competition?

Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the number of their employees who are uninsured. Ah, …

Minnesota’s No-Fault Law to Blame for High Auto Rates

If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has no-fault …

For Mutuals, SOX Rules Don’t Fit

Crucial differences between public and mutual insurers cause the National Association of Mutual Insurance Companies to oppose the National Association of Insurance Commissioners’ proposal to embed in state insurance regulation the expensive and burdensome provisions on financial disclosure found in …

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