December 23, 2007
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …
December 23, 2007
I.I.I.’s Earlybird Forecast predicts negative premium growth but continued profitability in 2008 Next year may go down on record as one of the best insurance industry underwriting performances in the past 80 years, according to an industry survey of Wall …
December 23, 2007
The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …
December 23, 2007
Maine and New Hampshire were among the states leading the opposition to a proposed national drivers’ license program, which they criticized as an unfunded $11 billion mandate on states that could place citizens’ personal information at risk. Maine Republican Congressman …
December 21, 2007
Maintaining underwriting discipline and keeping expenses in line with slowing premium growth will pose major challenges to property/casualty insurers in 2008, according to industry analysts. A panel of experts on industry financial performance outlined whether the current slowing of premium …
December 19, 2007
The U.S. House of Representatives has passed an extension to the Terrorism Risk Insurance Act (TRIA) by a vote of 360 to 53 in a form closer to what the Bush Administration and the Senate would support than to an …
December 17, 2007
Next year may just go down on record as one of the best insurance industry underwriting performances in the past 80 years, according to an industry survey of Wall Street stock analysts and industry professionals. Analysts expect the industry’s profitability …
December 14, 2007
Until a deadly blaze in a condemned ground zero skyscraper this summer spurred scrutiny of inspection records, the New York fire department didn’t know that some construction and demolition sites existed. Many were believed never to have been inspected. Now, …
December 13, 2007
The House of Representatives on Wednesday passed another bill extending the Terrorism Risk Insurance Act, a bill that accepts most of the provisions of the Senate’s measure. However, the House also added several provisions which may not please either the …
December 12, 2007
The Bush Administration has reasserted its opposition to a House bill that would extend the federal terrorism insurance program after it expires on Dec. 31, vowing to veto any final measure that differs measurably from the Senate bill. “The Administration …