P/C Industry News

Eleven Good Reasons to Reassign a Commercial Lines Account

In most offices, it’s easier to get a bone from a starving dog than it is to take a commercial account from an agency producer. That’s because the current producer is always the executive on a business account until he …

Lawyers and Reforming the U.S. Legal System

The first thing we do, let’s kill all the lawyers.” Shakespeare’s 400-year old barb aimed at the legal profession (Henry VI, part 2) is an early, if somewhat drastic, call for tort reform. It certainly wasn’t the first exasperated cry …

FastSnap.com announces new photo service designed to assist Auto Claims Departments

Fastsnap.com, an online digital photo service provider for the P&C Industry, is pleased to announce a new service targeted at Claims Divisions. This new service will provide timely and accurate digital photos of intersections where accidents have occurred to assist …

Trumbull Names Stephen A. Francis COO

Connecticut’s Trumbull Services, L.L.C., a leading provider of business process outsourcing (BPO) and technology services to the P/C industry, announced that they have hired Stephen A. Francis as Senior Vice President and Chief Operating Officer. “This new role strengthens Trumbull’s …

Subrogation Outsourcing Offers Value, Greater Claims Recovery

How an insurance company handles the subrogation function impacts its value to policyholders and shareholders. While financial stability, underwriting expertise and breadth of coverage remain important, an insurer’s claims service provides a clear opportunity to distinguish itself in the marketplace. …

Earlybird Forecast for 2004: Street Sees Premium Growth in Store

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 current and coming year. The survey reveals that the industry’s unrelenting streak of bad …

I.I.I. Survey Reports Industry Leaders Expect Improved Profits in 2004

Leaders of the property/casualty insurance industry expect an improvement in profitability for 2004 compared with last year, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its eighth annual Property/Casualty Insurance Joint Industry Forum in New York. …

E&S Foresight and Good Management Ease Hard Market Pains

As you have no doubt heard by now, this hard market is not just longer; it is fundamentally different. It is by all reports the most moderate in memory, characterized by fewer and less dramatic disruptions of normal market mechanisms. …

Earlybird Forecast for 2004

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 current and coming year. The survey reveals that the industry’s unrelenting streak of bad …

Earlybird Forecast for 2004

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 current and coming year. The survey reveals that the industry’s unrelenting streak of bad …