National Underwriter P&C November-30, 2009
Cover Story
Bridging The Producer-Carrier Partnership Gap
A group of leading agents, brokers and carriers met in a special private roundtable to discuss the results of the NU/Deloitte Producer Satisfaction Survey, focusing on how to improve communication and client service.
Opinion
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Health Bill's Fatal Flaws
U.S. Senate leaders can't be serious about proposed penalties in their health care reform legislation, imposed against those who don't buy insurance. The
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Will Health Insurers Be Part Of The Solution?
With a health care reform bill already passed by the House earlier this month, and with the Senate giving the green light to debate its own very different proposal after Thanksgiving, it looks like legislation might yet be passed after all.
News
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Insurers Brace For Capitol Hill Battles Over Federal Regulatory Reform Proposals
Even though debate on a national health care reform bill in the U.S. Senate is grabbing all the headlines, federal legislation that would radically alter how insurers are regulated remains on the front burner in Congress.
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Agents Cite Major Objections To Senate Health Reform Bill
A concern that a so-called "navigator" provision will limit the ability of insurance agents to sell health insurance products will be front and center on the agenda of the industry's lobbyists as the U.S. Senate begins debate Nov. 30.
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NAIC Taps PIMCO To Help Assess Value Of Insurers' Mortgage-Backed Securities
The National Association of Insurance Commissioners says it will keep secret the names of bidders competing for a contract to assess the disputed value of insurers' mortgage-backed securities.
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Court Finds U.S. Liable For Some Katrina Damages
A federal court ruling holding the Army Corps of Engineers liable for damage in New Orleans caused by Hurricane Katrina is unlikely to have much effect on the property and casualty industry.
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Bill Bans Chinese Drywall Cancellations
A bill introduced in the U.S. House of Representatives would prohibit carriers from canceling or non-renewing homeowners insurance policies with houses containing Chinese drywall.
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Study Finds Link Between Chinese Drywall, Corrosion
The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their inhabitants.
Market Report
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Is Hiring For Diversity An Ethical Stand?
What ethical obligations, if any, do insurance companies and independent agencies and brokerages have in developing a more diverse industry workforce by recruiting, training and promoting more women and minorities in their respective ends of the business?
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Willis Cites Soft Spots For Marine Writers
Marine insurers face a stormy market, battered by declines in trade, expansion of piracy, stalled capital markets and lower investment returns, an insurance brokerage reports.
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Poor Economy Helps Sink Marine Pricing
Slow economic growth, low inflation and minimal interest rates pose special challenges to ocean marine underwriters--fewer ships to insure and less goods in transit to insure, with reduced value of merchandise and lower exposures.
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MMC Seeks More Diversity With Executive Search Initiative
Back in May, Marsh & McLennan Companies Inc. announced it was partnering with an executive search firm to recruit a more diverse work force.
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Work Force Diversity Plus Inclusion Equals True Organizational Innovation
Holding up a glass filled with white milk, Tyronne Stoudemire, global director of diversity and inclusion for Hewitt Associates, poured in some chocolate syrup--which promptly settled to the bottom until it was vigorously stirred.
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Top Brokers, Insurers Earn High Ratings On LGBT Issues
The world's two biggest insurance brokers earned a 100 percent positive rating on lesbian, gay, bisexual, transgender issues from the Human Rights Campaign Foundation earlier this fall.
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