National Underwriter P&C November-26, 2007
Cover Story
Agent Groups At Odds Over Biggest Problems With N.Y. Comp Reform Law
As New York forges ahead to implement this year's landmark changes in its new workers' compensation reform law, the state's two major independent agent groups are expressing some serious but
Opinion
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Secrets Of Success Simple For Top-Selling Agencies
It is fair to say the most successful agents and brokers excel most frequently because they are outstanding sales organizations. But we can also suggest that most, if not all of the most successful
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Will Cherkasky Survive?
Daniel Glaser couldn't wait to get started as the new chairman and CEO at Marsh. He certainly will have his hands full, but the big question is whether he can turn the troubled brokerage around
News
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Mark Your Calendar For The Major Industry Meetings Of The Coming Year
Every year, National Underwriter compiles a list of the key meetings, conferences and conventions to be held by major insurance company, agent and broker, and risk management organizations in the
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Stalled Premium, Investment Gains Dim Industry's Profit Picture
Falling interest rates and stalled premium growth mean the best returns on equity the property-casualty insurance industry can hope for in coming years will be in the high-single-digits, according to
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Premiums Written Down, But So Is Combined Ratio
Net premiums written by 21 U.S. property-casualty reinsurers declined by 8.7 percent during the nine months ended Sept. 30, compared with the same period last year, according to the Reinsurance
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Diversity Leader In Fight With Nationwide
The founder of the National African-American Insurance Association is locked in an increasingly public and nasty battle with Nationwide Insurance over the cancellation of his appointment with the
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House In Last-Ditch Effort To Pass Bill Expanding TRIA Program Extension
House Democrats last week passed legislation expanding the Senate version of a bill extending the federal terrorism reinsurance backstop for seven years, while at the same time acknowledging that the
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$20.5 Million Welder Verdict Worries Insurers
The recent verdict illustrates that welder claims "belong on the emerging risk radar scope as something insurers have to be aware of," said Robert P. Hartwig, president of the Insurance Information
Market Report
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Telecommuter Loses Workers' Comp Case
The latest major court decision addressing a workers' compensation claim from a telecommuting employee has found for the employer, but the decision left the door open for future claims, and an expert
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Does Flawed Benchmark Drive Up WC Drug Costs?
But one factor considerably driving up the numbers is significant inflation of one particularly critical benchmark--the Average Wholesale Price--used in a majority of states for determining workers'
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Workers' Comp Carriers Face Emerging Exposures
While presenting a generally rosy forecast of underwriting profitability for the property-casualty industry, the president of the Insurance Information Institute said he has growing concerns about
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Will Proposed Medical Care Guidelines In N.Y. Have Teeth?
The New York State Insurance Department has proposed medical treatment guidelines for those injured on the job, which regulators say are designed to hold down workers' compensation costs and ensure
Technology Trends
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New ASCnet Chair Looks To Keep It Real
For decades, technologically sophisticated agencies have literally been begging insurers to provide real-time capability for handling transactions between agent and carrier. Now that some insurers
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