November 6, 2005
The multiple investigations triggered by New York Attorney General Eliot Spitzer a little more than one year ago have thus far tarnished the insurance industry’s public image more than they have changed its private behavior, according to experts at a …
November 6, 2005
Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do-it is critical to success in an increasingly complex and dynamic marketplace. When I look at where we are these days-investigations …
November 6, 2005
The multiple investigations triggered by New York Attorney General Eliot Spitzer one year ago have thus far tarnished the insurance industry’s public image more than they have changed its private behavior, according to panelists at a recent New York City …
November 6, 2005
The multiple investigations triggered by New York Attorney General Eliot Spitzer have tarnished the insurance industry’s public image more than they have changed its private behavior, according to experts at a recent Manhattan seminar. Marsh, Aon and the other large …
November 3, 2005
A year after the contingent commission scandal rocked the commercial insurance industry, new research from Advisen Ltd. has found significant shifts in the relationship between commercial insurance buyers and their brokers and how risk managers handle placement of their multimillion-dollar …
October 31, 2005
New York Attorney General Eliot Spitzer, who is running for Governor in his home state, has painted his critics as defenders of corrupt practices and not true champions of free enterprise. He also has sought to refute the idea that …
October 25, 2005
The Alliance of Insurance Agents and Brokers is warning California agents and brokers that the Department of Insurance (DOI) is drafting another new set of proposed regulations to impose fiduciary duties, disclosure of compensation and conflicts of interest on both …
October 20, 2005
While William Weld was governor of Massachusetts from 1991 to 1997, Massachusetts succeeded in turning around a workers’ compensation system that was headed in the wrong direction. In fact, many in the insurance industry consider workers’ comp reform to be …
October 19, 2005
As governor of Massachusetts, William Weld, a Republican who has said he wants to be governor of New York, helped turn around the state’s workers’ compensation system and introduce some competition into the heavily regulated auto insurance market. But Weld …
October 17, 2005
Katrina Churns in $34.4B in Losses: Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured property losses, making it the costliest U.S. catastrophe ever, according to preliminary estimates by ISO’s Property Claim Services unit. …