When the Sept. 10, 2001 issue of the Insurance Journal carried Demotech’s predictions on the maximum number of insolvencies that would occur in the property and casualty insurance industry over the period Jan. 1, 2002 through Dec. 31, 2002, who …
When the Sept. 10, 2001 issue of the Insurance Journal carried Demotech’s predictions on the maximum number of insolvencies that would occur in the property and casualty insurance industry over the period Jan. 1, 2002 through Dec. 31, 2002, who …
The Alliance of American Insurers called the recent appointment of U.S. Senate conferees for the terrorism insurance bill a great stride toward ultimate passage of the legislation. “We’re very encouraged that the Senate conferees have been appointed,” David Farmer, Alliance …
The Alliance of American Insurers called last week’s appointment of U.S. Senate conferees for the terrorism insurance bill a great stride toward ultimate passage of the legislation. “We’re very encouraged that the Senate conferees have been appointed,” David Farmer, Alliance …
I was invited to speak to the San Antonio Independent Agents in January of 2000. At that moment I knew the property casualty insurance market was going to harden. They wanted to know what an excess and surplus lines broker …
It’s pretty much common knowledge by now that the property and casualty insurance industry suffered tremendous losses in 2001, and although the tragedies of September 11 can be blamed for much of the economic devastation, the losses cannot be entirely …
Applied Systems®, an automation solutions provider for the P/C industry, has added a text chat service called Online Real-Time to its service offerings. Online Real-Time allows customers to “chat” with a technician over the web for quick technical assistance.
It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an acceptable way to improve a steam boiler’s performance when demand peaked. The objective was to increase the boiler’s output to …
The surplus lines’ marketplace should not miss Legion Indemnity Company too much. In 2001 Legion Indemnity wrote less than $90,000,000 of direct premium written. This was about 1 percent of the total of the top 24 domestic surplus lines writers. …
The property/casualty insurance industry recorded its first-ever net loss after taxes in 2001, stemming from sharply higher underwriting losses and substantial deterioration in investment results, according to Insurance Services Office Inc.’s (ISO) “Insurer Financial Results: 2001” Insurance Issues Series study. …
