CPCU Society Looking at IMSA The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and contingent commissions. A presidential task force of …
The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and contingent commissions. A presidential task force of the Society of Chartered Property …
Should P/C Industry Response to Ethical Lapses Include a Self-Regulatory Body? The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and contingent …
With overall claims frequency still on the decline and loss costs and rates relatively stable, the state of the workers’ compensation line nationwide continues to show positive signs of improvement. Nevertheless, the industry remains on the brink of change, anticipating …
Getting people in the insurance industry to speak with the media can be tough. But when the subject is ethics, it’s near impossible. It’s easier to get President Bush to talk about a tax hike. Barry Bonds about steroids. Brad …
Paul Saich Paul Saich has been elected executive vice president of Mountain View, Calif.-based Thoits Insurance Service Inc. Saich joined Thoits Insurance in 1996. He started his insurance career as a sales agent for John Hancock in San Jose, where …
Insurance Bureau of Canada (IBC) recently announced estimated 2004 financial results for Canada’s home, auto and business insurance companies. Industry data indicate that in 2004, the industry’s 206 companies posted combined net earnings of $4.2 billion. The industry also paid …
Cherry Hill, NJ – Tony McIntyre, CEO and President of The McIntyre Group released a statement today announcing his firm’s strong performance for the fiscal year ending, December 31, 2004. In a prepared text, Mr. McIntyre stated that the insurance …
For U.S. property/casualty insurers, periodic glimpses of rising profitability have been overshadowed by relentless price-cutting, natural and man-made catastrophes, and claims inflation. Following an unprecedented surge in losses for terrorism, asbestos, and corporate liability, however, came new hope that firm …
The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of the year represented the fourth consecutive quarter of declining prices, according to the RIMS Benchmark Survey, a comprehensive survey of …
