National Underwriter P&C June-28, 2010
Cover Story
Stagnant Homeowners Market Prompts Shift To Retention Strategy
The homeowners insurance sector is in a "ride it out" mode, according to one industry expert.
Opinion
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Don't Penalize Agents For Mega-Brokers' Sins
In Hollywood, a movie sequel is seldom as compelling as the original.
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Stop The Presses?
There won't be significant premium growth until this moribund economy gets going again.
News
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Federal Officials Clash Over Whether Taxpayers Will Recover Full AIG Bailout
The U.S. government is likely to suffer a loss on its investment in American International Group.
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Treasury Power Over Trade Pacts Limited
The Treasury Department's authority to conclude bilateral trade agreements on insurance with foreign countries will be considerably watered down.
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Chinese Drywall Cases Yield
In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million, while drywall manufacturer Knauf Plasterboard Tianjin Co.
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P&C Industry Back In The Black Thanks To $10B Swing In Net Income
The U.S. property and casualty insurance industry swung back into the black in the first quarter.
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Flood Insurance Still In Limbo; Crop Commissions Set For Cut
The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30.
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Liability Cap Hike Could Drive Drillers Out Of U.S. Waters, Institute Warns
A steep hike in damage limits could drive offshore oil drillers out of U.S. waters, one insurance official warned in recent testimony before Congress.
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Flood Insurance Still In Limbo; Crop Commissions Set For Cut
The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30--under expedited procedures legislation approved last week by the U.S. House of Representatives on a unanimous vote.
Market Report
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Service Provider Makes The Case For Direct Repair Homeowners Option
In today's economy, consumers are looking for more value than ever before, whether they are buying a car, dining out or choosing personal lines insurance
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Summer Fun Translates Into Business Opportunities For Specialty Producers
With summertime in full swing, many people have turned their attention to fun in the sun, making it a busy time for organized sports activities
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Web Service Boosts Sports Insurance Players
In the amateur sports insurance world, technology has proven to be an invaluable aid in the distribution of the product, making sales easier and providing services quickly and easily for agents and clients to access.
