The Advantage Group Seattle, Wash. Owner(s)/principal(s): John Carmody, Ernie Meier, Gary Niehl, Vern Cohrs 2006 personal lines premium: $39.3 million Number of personal lines insurers: 17 The Advantage Group’s home office is located in Bellingham, Wash., with a population of …
Not your typical agent: Big “I” President and Miami independent agent Alex Soto in a one-on-one interview Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance Agents & Brokers of America, is not …
Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk managers have access to the latest information and tools …
Agents Guide: What resources are available to better serve clients Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer …
Multinational businesses face serious challenges when managing catastrophe risk Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk …
About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the personal lines numbers of agencies that submitted …
Munich Re will lead a syndicate – the “Caribbean Catastrophe Risk Insurance Facility” (CCRIF), set up to offer 16 countries in the Caribbean insurance cover against hurricanes and earthquakes. The syndicate officially opens for business today, June 1. Munich Re …
Swiss Re announced that it has obtained $100 million of protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus through a securitization – the first time the capital markets have been tapped to cover this type of risk …
Global broker Willis, in its latest “Property Alert” indicates that the “the global capacity, pricing regimens, terms and conditions for both Cat Risks and non-Cat Risks in the global property insurance market are changing more rapidly than many would have …
Unlike Florida’s Capitol in Tallahassee, where lawmakers have taken a number of actions to address the state’s insurance crisis with arguable results, solutions at the federal level have been hard to come by. Not long after Hurricane Andrew smashed through …
