National Underwriter P&C September-28, 2009
Cover Story
London Shows Its Strength In Numbers
If there's any doubt about the presence and strength of the London market as an insurance and reinsurance center, just flip through the program book for the annual Reinsurance Rendez-vous de Septembre.
Opinion
-
The Next Generation
It was quite an honor sitting next to Charlotte Spencer--widow of Robert Spencer, the pioneer in risk management for whom the Spencer Educational Foundation is named.
-
ERM Is More Than Just A Buzzword For Buyers
Enterprise risk management is the newest buzzword, but the concept is actually not a new one. Only recently--with the meltdown of the financial sector and the economic slowdown--has ERM begun receiving a tremendous amount of publicity.
News
-
AIG Loan Repayment Remains Uncertain, But Some Say Relief May Be On The Way
American International Group has paid back about $62 billion of its $183 billion debt to the government, but whether it can repay the full amount remains uncertain, an official study concluded last week.
-
Rating Agencies Stuck On The Hot Seat
A probe of credit rating agencies was announced by the California Attorney General's Office right before his targets were called on the carpet during the National Association of Insurance Commissioners conference last week.
-
N.Y. Insurance Department Finally Gets NAIC Accreditation
The New York Insurance Department has finally been accredited by the National Association of Insurance Commissioners after operating for nearly two decades without NAIC's official seal of approval.
-
Lloyd's Profits Soar 39% During First Half
Lloyd's of London reported a profit increase of 39 percent for the first six months of this year, but warned that the ongoing effects of the recession and uncertainty over natural catastrophes could still adversely affect year-end results.
-
Top Insurer Challenges Tackled At NU's P&C Executive Confab
Leading insurer and brokerage executives, regulators and top analysts will address the major challenges.
-
Biden: Health Reform Won't Hurt Insurers
Vice President Joe Biden told a meeting of insurance regulators that health care reform can be accomplished without harming the health insurance industry.
Market Report
-
Insurers Say They'll Leave U.K. Base If Tax System Isn't Changed
A large majority of insurance executives in the United Kingdom believe that if the government does not overhaul the tax system, there will be a drop in the number of U.K.-based carriers, one trade group's survey found.
Buyers Report
-
Referral-For-Profit Drives Up Health Costs By Creating Inherent Conflict Of Interest
As the health care reform frenzy continues, one issue everyone can agree on is that runaway medical costs must be controlled. With that goal in mind, the issue of physician self-referral should come under increased scrutiny.
-
Education, On-The-Job Training Critical To Build A Career In Risk Management
Risk management careers do not seem to follow any particular pattern. Often they begin in claims management, loss control, environmental, health, safety, legal or human resources. Simply put, risk managers come from a variety of backgrounds.
-
IRS Finds 'Insurance' Exists In Two Reinsurance Situations
Confirming the insurance industry's view of risk distribution in a reinsurance situation, the Internal Revenue Service recently issued Revenue Rule 2009-26.
-
WC Loss Control Produces Healthier Bottom Line At Medical Care Centers
With health care facilities under increasing pressure to cut costs thanks to insurance reform initiatives and the impact of the recession, loss control programs to contain workers' compensation claims are more critical than ever.
21 2-resize-380x300-resize-380x300-resize-380x30050-crop-215x144.jpg)
