Our current system of state-based insurance regulation is under attack by large insurance organizations and members of Congress. For more than 150 years, state regulation has successfully guided insurance companies through many financial solvency issues. The reforms currently under consideration …
California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the governor, confirmed. In his 2009-10 May Revision General Fund Proposals, …
Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many …
Leading Near National P/C Carriers Revealed The original criteria and objective definition for the Near National Property/Casualty Carriers was established in the Feb. 12, 2007, issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one of 11 …
2009 Near National P/C Insurers Company Name 2009 Demotech Company Classification 2008 Demotech Company Classification 2007 Demotech Company Classification Affiliated FM Insurance Co. Near National Near National Near National AIG Casualty Co. Near National Near National Super Regional American Alternative …
A Golden Moment for the Insurance Industry In a time of financial turmoil, we in the insurance industry have an unprecedented opportunity. As capital providers and risk advisers in a time of scarce capital and huge risk, we should seize …
How to Boost Your Producers’ and CSRs’ Revenue-Generating Ability in Tough Times As fallout from the U.S. recession builds, there’s a strong drive within this country to stretch the value of virtually everything … and everybody. From dollars and cents …
A survey of business leaders in nine Midwestern and Plains states suggests that the region’s economy continues to show signs of improvement, but job losses persist. The Mid-America Business Conditions index released July 1 rose to its highest level since …
Members of the Workers’ Compensation Action Network (WCAN) have launched a campaign to oppose more than $60 million in new annual workers’ compensation assessments being proposed in California. The new assessments are part of a State Budget proposal by the …
The Property Casualty Insurers Association of America (PCI) has asked Gov. Bobby Jindal to veto House Bill 658, workers’ compensation legislation that PCI believes would increase the likelihood of fraudulent claims, an insurer’s exposure to lawsuits, and the need for …
