New data shows urban and emerging markets offer tremendous opportunity for insurers, but the industry-backed Urban Insurance Partners Institute (UIPI) says that insurers may not fully understand how to manage the market opportunity, along with the risk and exposure, in …
A request by Massachusetts agents for a 32 percent boost in commissions brings the overall private passenger auto insurance rate hike sought by the industry for 2005 to 9.3 percent, up from the original 5.8 percent figure, according to insurers. …
Massachusetts Insurance Commissioner Julianne Bowler has asked Commonwealth Auto Reinsurers (CAR) to revise its proposed residual market plan but CAR governing committee members have questions they need answered before they implement the changes she requested in the new Massachusetts Assigned …
But Not Everyone Thinks Renewing the Federal Backstop is a Good Idea Regardless of whether George W. Bush is re-elected or John Kerry moves into the White House, the property/casualty insurance industry appears to have a good chance of getting …
From Concord, New Hampshire comes a tale about a laboratory, a lawyer and an alienated family. It resulted in a lost lab, a legal mess—and questionable conduct by the lawyer, according to the state Supreme Court recently. It began in …
Regardless of whether George W. Bush is re-elected or John Kerry moves into the White House, the property/casualty insurance industry appears to have a good chance of getting its wishes when it comes to extending the federal Terrorism Risk Insurance …
Nuts & Bolts: Sandy, Utah-based Prime Ins. Syndicate Inc. is offering excess and surplus lines products to contractors and developers, including contractor’s liability coverage for property/casualty in both residential and commercial business and general liability coverage for premises, work performed …
Regardless of whether President George W. Bush is re-elected or John Kerry moves into the White House, the property/casualty insurance industry appears to have a good chance of getting its wishes when it comes to extending the federal Terrorism Risk …
In what the insurance industry reads as good news, the chairman of the House Financial Services Committee is preparing to send to the full committee a bill to extend the life of the Terrorism Risk Insurance Act (TRIA) for two …
Monett, Mo.-based Jack Henry & Associates Inc. announced that it has acquired Massachusetts-based Banc Insurance Service Inc. (BIS), an insurance agency outsourcer for financial institutions. Terms of the transaction were not disclosed. BIS was founded in 1999, and currently supports …
