National Underwriter P&C October-12, 2009
Cover Story
Winning Agencies Share The Secrets Of Their Success
Nu's Commercial Insurance Agency of the Year
Opinion
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Agency M&A Freeze Showing Signs of Thawing
Merger and acquisition activity for insurance agencies and brokerages has slowed dramatically since October 2008, when our economic meltdown began.
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Obama Did What?
President Barack Obama has been appearing everywhere and anywhere to push his health care reform agenda this past month.
News
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Specialists Rule In Cycle Management
A diversified underwriting portfolio might seem like a good strategy for riding out the ebbs and flows of property and casualty insurance cycles.
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Industry Split Over How Much Power To Grant New Federal Office Of Insurance
The property and casualty industry in general supports creating a federal insurance office.
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Greenberg Sends Mixed Signals On Regs
W Maurice Greenberg, AIG's former chief executive, said rating agencies need government supervision, while credit default swaps should be regulated as insurance.
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AIG Sets Record Straight On Money Owed To Uncle Sam
American International Group currently owes the U.S. government $83.6 billion.
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P&C Rate Cuts Keep Moderating
The soft market continued to bottom out last month, as property and casualty insurance rate declines averaged 4 percent, compared to 5 percent in August, according to the Market Barometer survey by MarketScout.
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McGee Takes Top Posts At The Hartford
Longtime banking executive Liam E. McGee has assumed command of The Hartford Financial Services Group as its new chair and chief executive officer, replacing the retiring industry icon, Ramani Ayer.
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New Hartford CEO Pay
The Hartford Financial Services Group's new chief executive could get as much as $8.2 million in compensation--slightly less than its former longtime CEO.
Market Report
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Ross & Yerger Boasts Long History, But Keeps Reinventing Itself For Future
Ross & Yerger Insurance is an agency with a long history that does not live in the past.
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Tech Support Can Help Agents Turn Lemons Into Lemonade
In tough times like these, insurance carriers need to find ways to help their independent agents get away from processing orders.
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Some Agents Perceive Web As A Threat, But Carrier Support Can Turn That Around
While a growing number of independent agencies are embracing technology as a key component of their success, some are still not tech-savvy enough to capitalize on the opportunities already at their disposal.
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Independent Agencies See Sahreholder Returns Plummet
Thanks to a poor economy and lingering soft market, independent agencies have seen their return to shareholders deteriorate significantly over the past two years, the "2009 Best Practices Study" revealed.
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Cautionary Tales Offered On Agent E&O
Placing a client's risk with a carrier that you trust will be there when a claim must be paid should be the paramount concern of every agent and broker.
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Data Breaches Big E&O Risk
When it comes to agent and broker errors and omissions risks, one area where agents might be missing potential liability concerns their exposure to data breaches, one major surplus lines broker warns.
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Agent Audit Of Workers' Comp Accounts
Any agent or broker who hasn't been auditing workers' compensation claims is missing a great opportunity to lower their clients' premiums and foster long-term relationships that can build their business.
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Agencies Can Preserve Credit
With our economy showing mixed signs of an upswing, individuals and businesses alike are looking for avenues that provide the most cost savings and stability during these trying times--and independent insurance agencies are no exception.
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Woodruff-Sawyer Goes The Extra Mile In Handling Claims, Advisory Services
Woodruff-Sawyer & Company can point to many elements that factor into the firm's success.
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Risk Management Approach Keeps York Growing Even In Tough Economy
In a down economy and relatively soft insurance market, independent agencies have had a hard time holding their own.
