National Underwriter P&C April-16, 2007
Cover Story
Reality Check: Market Heading South, But The Bottom Hasn't Fallen Out...Yet
Reader survey indicates wide range of expectations among risk
Opinion
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What Is Plan B?
Industry groups put a positive spin on a grim report to Congress and the White House suggesting that insurers no longer deserve a limited exemption from federal antitrust law. With momentum building
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Is the Insurance Industry 'Ready'For Mobile Technology?
For at least the last five years or so, pundits, nerds and other assorted technophiles have been asking when the insurance industry will be "ready" to embrace wireless mobile technologies in its
News
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P-C Rate Decline Accelerating
Property-casualty rates continued spiraling downward for the third straight month, with a decline on average of 12 percent in March--two points more than in February, and three points beyond January's
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Lott Suggests Safe Harbor To Protect Data Sharing By Small Insurance Companies
Meanwhile, White House opposes federal cat fund or flood program expansion
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Insurers Insist Levee Breach Didn't Void Flood Exclusion
A Louisiana federal court judge erred in ruling that a standard insurance policy exclusion for water and flooding damage did not apply where levee breaches from Hurricane Katrina were involved,
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RRG Expansion Gains Traction In House
Group says it has green light to draft bill adding property coverage to the
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Federal Judge Tosses Antitrust, Racketeering Suit Against Insurers, Brokers
A federal judge in Newark, N.J., has dismissed a massive policyholders' class-action suit accusing brokers and insurers of antitrust and racketeering activity, saying plaintiffs need to show a more
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NU To Award Risk Managers For Workers' Comp Excellence
The "NU Award For Excellence In Workers' Compensation Risk Management" is being run in cooperation with the Workers' Compensation Educational Conference (at which NU presents a national trends
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Sam's Blog: What If Reinsurers Won't Pay?
If insurers eventually knuckle under to political and legal pressure to pay flood-related Hurricane Katrina claims that they believe their policies excluded, NU Editor In Chief Sam Friedman wouldn't
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Sam's Blog: What Happens After McCarran?
Although industry groups did their best to put a positive spin on a grim report this week suggesting that insurers no longer deserve a limited exemption from federal antitrust law, it might be time
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Sam's Blog: ART Appreciation 101
Generally, the only coverage of ART in the business sections of mass circulation newspapers or magazines is about whether paintings are good investments. So it was a welcome surprise to see a
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Sam's Blog: Next Year In Havana?
In today's blog entry, NU Editor In Chief Sam Friedman explores how the unique immigrant background of Cuban-born Alex Soto, president of the Independent Insurance Agents and Brokers of America,
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Sam's Blog: Barack On The Attack!
The insurance industry made a powerful enemy last week when presidential candidate Barack Obama called for a wide-ranging federal investigation of reported abuses by long-term care carriers. NU
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Sam's Blog: Battle Of The Bloggers!
In today's blog entry, NU Editor In Chief Sam Friedman takes on the challenge thrown down by fellow NU blogger Ara C. Trembly about global warming. To take part in this heated discussion, go to
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Sam's Blog: Lott Tries To Split The Industry On McCarran
Sen. Trent Lott pulled an interesting gambit this week during a hearing of the Senate Commerce Committee, trying to drive a wedge in the insurance industry on his call to revoke McCarran-Ferguson's
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Sam's Blog: Is The Market Still Rational?
The softening commercial insurance market might still be a lot more rational than people think, given the results of a recent survey of risk managers who read National Underwriter, who indicate that
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Sam's Blog: Show Me The Money
The large majority of risk managers don't believe their firms have benefited after major brokers stopped accepting contingency fees following probes into bid-rigging and account steering, a National
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Sam's Blog: Are Insurers Too Profitable?
Property-casualty insurers reported an awesome year for 2006, with the industry-wide combined ratio coming in at a stellar 92.4, fueling a 44 percent jump in net income. Normally, that would be good
Market Report
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Argonaut-PXRE Explain Merger Strategy
Recent deal, predestined before rating actions, puts reinsurer back in
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PXRE Recounts Lessons Learned
"It is very, very difficult to be a monoline property-cat company in the current environment. It's a difficult business model to make work given the completely revolutionized capital requirements
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Kiln Ltd., Bound For Bermuda, Follows Other Firms In Move Away From London
Executives of Lloyd's operations now look to Bermuda for a lot more than shorts and onions, setting their sights on the island to pursue new business opportunities and get some relief from the tax
Buyers Report
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Third-Party Logistics Pose RM Challenges
Today's third-party logistics providers--also known as 3PLs--are providing a broader range of more sophisticated services, in more places around the world, than ever before, and they are encountering
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Camera-Shy Risk Managers Can Benefit From Media Exposure
Dealing with the press effectively can boost careers, elevate
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Risk Managers To Meet The Insurance Press During RIMS Conference
Top editors from the nation's leading risk management publications join forces to advise commercial insurance buyers on how to deal with the media during a seminar later this month at the Risk and
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Risk Managers Help The Next Generation
Spencer Educational Foundation keeps growing to boost student scholarships
Technology Trends
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Defragging Enhances System Performance
On a recent episode of "Law & Order: Criminal Intent," the good guys had captured the laptop computer of a very bad guy, but when one detective asked the other about the contents, the reply was that
