June 3, 2008
How do you rank your relationships with regional and national property/casualty insurers? How do their services compare? How would you rate underwriter knowledge, experience and stability for regional and national insurers? In this exclusive survey for independent insurance agents and …
June 3, 2008
Asian insurers, particularly China’s major players, are likely seize the credit crunch as an opportunity to snap up assets in Europe and the United States, senior insurance figures said on Tuesday. “Asian players are looking for expertise and to learn …
June 2, 2008
The first of a new mark that rates how well insurance companies have assessed their potential catastrophe losses has been issued to HomeWise Insurance Companies by Karen Clark & Co. HomeWise earned an IMARC Data Score of 675 (Excellent), which …
June 2, 2008
Montana’s insurance regulator John Morrison, said he wants to give consumers information on the conduct of insurance companies. Morrison said consumers could check to see how often a company cancels policies, delays claims or gets sued under his proposal, and …
June 2, 2008
Majority of advertising appearing in Spanish language media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a new report by Hispanic Market Weekly that analyzed marketing and media trends being used by the industry. Automobile insurers …
May 30, 2008
As the estimated 80 million people born between 1981 and 2001 enter the workforce and become active consumers, technology will play a critical role for insurance firms targeting those in the so-called “millennial generation” as both potential employees and consumers, …
May 29, 2008
“Global insurance industry acquisitions in 2007 were driven by non-U.S. insurers, primarily Western European firms-who clearly see value in this market,” stated Sherry Manetta, director at Conning Research & Consulting. “In fact, only 20 percent of primary and reinsurer transactions …
May 29, 2008
Massachusetts’ insurer of last resort won’t immediately seek a steep premium increase, saving money for 150,000 customers. The decision by the FAIR Plan comes after Insurance Commissioner Nonnie Burnes rejected its request to raise premiums 13.2 percent statewide, including 25 …
May 29, 2008
Beginning next year, health insurance policies written in Louisiana would have to provide at least $50,000 worth of coverage for those who need artificial limbs, under legislation approved 26-7 by the state Senate. There was little discussion about the bill …
May 28, 2008
California State Compensation Insurance Fund announced it filed a July 1, 2008, revision to its rating plan, which it anticipates will result in a 3.5 percent reduction in collectible premium. While base rates will remain unchanged, State Fund has expanded …