Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
How to Fix Nation’s Flood Insurance Program December 31, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
Reinsurance Renewal Rates On the Decline, Reports Claim December 30, 2010 Reinsurance rates for 2011 are falling at the same or greater pace than traditional insurers and further softening of the...
Munich Re Invests $3.31 Billion in German Wind Power Plants December 30, 2010 Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany. It...
Southeast’s Top Stories: Disasters That Happened and 1 That Didn’t December 23, 2010 By Andrew G. Simpson The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information December 20, 2010 Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of...
Inside the Disaster Blaster December 5, 2010 By Kenneth J. St. Onge Industry’s $40M Research Center May Someday Lead to Lower Catastrophe Claim For those who question the intelligence of insurance companies,...
Inside the Disaster Blaster December 5, 2010 By Kenneth J. St. Onge Industry’s $40M Research Center May Someday Lead to Lower Catastrophe Claim For those who question the intelligence of insurance companies,...
Business Moves December 5, 2010 Chartis Global property/casualty insurer Chartis Inc. said it is in the process of laying off about 2 percent of its...
Why Top Performing Agencies Focus on Compensation Expenses December 5, 2010 By Jim Cuprisi Performance Benchmarks Help Agencies Measure Success There are a lot of performance benchmarks to focus on to become a top...