It starts with the housing market. Then it seeps into construction, typically residential followed by commercial. Then it travels to manufacturing, then retail, then hospitality. It differs by region. It might be worse in Detroit or Jacksonville than in Boston …
Claims frequency, claims severity, subprime, securities fraud and Stoneridge key issues on the horizon From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year and developments at what may prove …
Flood Concerns “Within the time constraints available to us, we exhausted our legal options.” —Missouri Attorney General Jay Nixon comments on two lost attempts to stop the U.S. Army Corps of Engineers from beginning its 48-hour release of water into …
Execs ponder Stoneridge, plaintiffs bar shakeups and market volatility at PLUS Symposium Despite the calm, cool manner of the 1,300 well-coiffed underwriters and brokers in attendance, volatility was on the minds of most presenters at the Professional Liability Underwriters Society’s …
In the face of growing economic turmoil the Bush administration is calling for an overhaul of system of regulating the nation’s financial services industries — including insurance. The reform proposal announced by Treasury Secretary Henry M. Paulson calls for insurance …
Insurance industry groups lined up quickly with responses to the Bush administration’s proposed overhaul of the way the government regulates the nation’s financial services industries, including insurance. The sweeping regulatory reform proposal announced by Treasury Secretary Henry M. Paulson calls …
Arkansas truckers parked their rigs on April 1 to have their say in a national protest over high fuel prices that independent operators say is putting them out of business. Dale Burri of Greenbrier, a driver for J.B. Hunt Transport …
Australian Prime Minister Kevin Rudd said on Wednesday that a deal at the World Trade Organization’s (WTO) long-delayed Doha round of trade talks was urgent and possible. “This Doha round is do-able … There is a major need to conclude …
Willis Re, the reinsurance division of global insurance broker Willis Group Holdings, recently hosted a risk management seminar in Sofia, Bulgaria “to highlight the growing challenges facing Bulgarian insurance companies and how risk management can help.” The all-day event, held …
It didn’t take long for legislators to respond to Gov. Mike Beebe’s challenge to buck history and raise Arkansas’ severance tax on natural gas for the first time in a half century. Most of the money will go to maintain …
