Swiss Re announced the results of a survey of top business leaders, conducted in December 2005, at the World Economic Forum’s Annual Meeting in Davos, Switzerland, which opened today. “The study found that, while risk assessment is becoming a more …
Specialty Global Insurance is launching a nationwide Travel Agents E&O program. The new program is designed for travel agents and tour operators with gross written receipts of $5,000,000 or more. Specialty Global declined to disclose the carrier’s name but advised …
The millionaire chief executive of UnitedHealthcare Pennsylvania is resigning to focus on a potential run for mayor. Tom Knox, once a deputy mayor in former Mayor Ed Rendell’s administration, raised eyebrows in November when he used $5 million of his …
Each year the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the year ahead. This year’s survey results indicate an expectation that record catastrophe losses will …
The cost of risk includes the price of the policy, as well as indirect factors, which often exceed direct costs across all lines of insurance. Lost productivity factors include: Time lost from work by injured or ill employees. Loss in …
Texas Gov. Rick Perry will deliver a special luncheon address at the Independent Insurance Agents of Texas’ 43rd Annual Joe Vincent Management Seminar. Nearly 400 of the state’s most progressive and influential independent insurance agency principals and managers are expected …
Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by property and casualty insurer Wausau Insurance, Wausau, Wis. The survey, “Wausau Multiline Productivity Poll,” indicated …
New York State Superintendent of Insurance Howard Mills defended contingent commissions and reported progress in moving his regulatory agency toward risk-based market conduct reviews of insurers. He also shared his views on a national disaster plan during the Professional Insurance …
According to the Wausau Multiline Productivity Poll, 70 percent of respondents reported their company has integrated lines of insurance with one commercial insurance carrier, which was significantly lower than the number (89 percent) who said the same in 2004. Of …
Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by Wausau Insurance. Eighty-one percent (up from 70 percent last year) of commercial insurance buyer said …
