National Underwriter P&C August-31, 2009
Cover Story
U.S. Economic Woes Still Reverberating Through Global Re Market, As Cats Loom
With the United States at the epicenter of a recession fueled by the mortgage and credit market crises, ripples are still being felt in the global reinsurance market.
Opinion
-
My Health Reform Plan
Now that the public option appears to be dead and buried, how can President Barack Obama and his backers in Congress guarantee coverage for the millions without health insurance?
-
Recruiters Should Keep Ethical Demands In Mind
What are the ethical responsibilities of insurance industry employees to promote long-term career interest in their profession with both their time and money?
News
-
RIMS Exec Calls For National Comp Law To Reduce Litigation, Standardize Benefits
Federal legislation is needed to standardize the payment of workers' compensation awards, as well as lower medical costs and remove litigation from the system once and for all, according to Terry Fleming, VP of RIMS.
-
Agents Win Key Provision In House Health Reform Package
Insurance agents have won a critical change in the House Energy and Commerce Committee version of health care reform legislation that allows them to remain a crucial part of the distribution system.
-
Moody's Calls AIG Taxpayer Payback Iffy
Despite American International Group's recent profitable quarter, Moody's Investors Service said its outlook remains negative and it has doubts about the company's ability to fully repay its government loans.
-
Sheffield Ready To Run For Commissioner Post In Georgia
Maria Sheffield plans to throw her hat into the ring to be elected Georgia's next insurance commissioner, looking to succeed her former boss, John Oxendine, who is running for governor next year, the National Underwriter has learned.
-
Watkins Leads Lloyd's In North America
Hank Watkins, a veteran insurance brokerage executive, has been appointed president of Lloyd's North America, responsible for all operations in the United States and Canada.
-
William Bailey Dead At 68
William E. Bailey--special counsel to the Insurance Information Institute and host of the syndicated talk radio program, "It's Your Money!"--died on Aug. 21 at the age of 68.
Market Report
-
Economic Turmoil Does Not Alter Value For Catastrophe Bonds Over Long Term
Last year was a watershed for many industries, and the insurance-linked securities market was no exception.
-
Smallest Bermuda Insurance Players Grow In 1st Half, Move Past IPC Re Deal Drama
First-half 2009 financial results for p&c insurers and reinsurers in Bermuda saw two of the smallest players "moving on" after failing to bulk up with a second-quarter acquisition and demonstrating stronger premium growth than their Bermuda counterparts.
-
With Travel Money Tight, Online Training Gaining Popularity Among Risk Managers
While the demand for training and education for risk managers has not waned despite the struggling economy, many are increasingly turning to online courses as a way to save money while still expanding their expertise.
-
Agents Must Learn To Earn, Making Education An Investment, Not An Expense
Producers should not expect to see discounts on their educational programs despite these tough economic times, but there are strategies they can develop to help save money while getting the most value out of any training experience.
Buyers Report
-
Tainted Food Recalls Create Widespread Risks To Manage
If a Hollywood screenwriter was shopping around a script called "Eating Dangerously in America," you might associate it with a new reality TV show.
-
Pandemic Threat Makes Contingency Planning Critical For Enterprise Risks
Risk managers must take steps to maintain timely access to key enterprisewide data and resources during such a crisis so that a disruption does not devastate revenue streams, undermine client accounts or prevent government mandates from being met.
-
Cargo Often At Risk When Pirates Pillage
While pirates have existed as long as people have sailed the oceans with goods to trade, recent increases in pirate attacks and hijackings have made this one of today's biggest global risks for exporters.
-
Will It Be Covered, Matey?
Cargo insurance policies may vary in terms and conditions when it comes to protecting an exporter's cargo from a pirate hijacking.
