Declarations
Better Protection Against Insolvency “We’ve long had the ability to intervene when a company is insolvent. … But to protect policyholders, we need to step in much sooner than that. This new law lets insurers know exactly what we’ll be …
How Katrina Changed Markets
Industry Came Through Five years after Hurricane Katrina lashed the coast and sunk New Orleans, it is true that the area has largely recovered, but it is not the same Gulf Coast it once was. The same is true for …
Hurricane Katrina Changed the Market in Gulf States
Writing about the landfall of Hurricane Katrina five years ago, essayist Ellis Anderson of Mississippi likened the communities along the gulf to a string of pearls. “Then, in August 2005, in the course of a single morning, Katrina severed the …
Distressed and Vacant Properties Fill a Void for Insurers
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple of years as the economy has forced the closure of …
AZ Court Decision Could Increase Agent E&O Premiums
The Arizona Supreme Court is weighing in on the state’s uninsured/underinsured motorist coverage selection form – a decision that could dramatically increase insurance agency’s errors and omissions premiums, according to the Independent Insurance Agents and Brokers of Arizona. According to …
Top 25 Workers’ Compensation Insurers Show 34% Increase in Premium Growth
Results Based on Premium Growth June 30, 2010, Versus June 30, 2009 Approximately one year ago, I discussed the premium growth reported by insurers with the top 25 gains in workers’ compensation insurance premium volume. As I wrote that article, …
Louisiana High Court Asked to Look at Insurer Duties in Road Home Case
Are some 151,000 homeowners insurance claim assignments made to the state of Louisiana as part of its Road Home program legal under Louisiana law? That’s the question the U.S. Fifth Circuit Court of Appeals has certified to the Louisiana Supreme …
Risk Managers Not Satisfied With U.S. Insurance Providers’ Service
Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating risk management to a strategic priority, many brokers and …
Risk Managers Not Satisfied With U.S. Insurance Providers’ Service
Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating risk management to a strategic priority, many brokers and …
Distressed and Vacant Properties Fill a Void for Insurers
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many …
