While nobody wants to report a loss, there are several insurers that are not bothered if they don’t report a profit. They serve the nonprofit market and are themselves nonprofit organizations. One of the nonprofit insurers in the market is …
Although the bill is a priority for President Bush and Republican leaders in Congress, Republicans are split over the measure. $140 billion federal asbestos fund advances in Washington Sen. Patrick Leahy (D-Vt.) Supporters of federal legislation to create a $140 …
New Markets Nuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …
This underwriting approach might surprise those for-profit insurers. Her underwriters rarely see an account they won’t price or renew. Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing …
$140 billion federal asbestos fund advances Supporters of federal legislation to create a $140 billion trust fund for victims of asbestos exposure won a critical victory earlier this month when the bill was approved to go the full Senate for …
Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …
Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …
James Lee Witt, former director of the Federal Emergency Management Agency and a leading authority in public safety and emergency management, will speak at the 2006 Annual Conference of the American Association of Insurance Services, April 9-11 at The Ritz-Carlton …
On a procedural budget vote, the U.S. Senate yesterday killed a proposed $140 billion private asbestos victims fund that has been years in the making. The final vote was 58 to 41, with 60 votes needed to keep it alive. …
New research from the University of Missouri-Columbia shows that a shift to primary enforcement along with a fine increase could significantly boost seat belt use among motorists. Since New York first adopted a mandatory automobile seat belt law in 1984, …
