National Underwriter Property & Casualty May-17, 2010
For the two major inland marine lines, construction and trucking, the challenges that have faced the marketplace for the last two years.
With tens of millions of uninsured people likely to get coverage over the next few years thanks to health care reform, who is going to perform all the additional medical services?
Try to imagine this dream sequence--sort of a remake of "The Treasure of Sierra Madre." A grim lawman walks in on a group of insurers and demands to see their books.
Winning an exemption for insurers from having to help pay to wind down failed non-insurance firms posing a systemic risk to the economy was the key priority for insurers
Shareholder derivative lawsuits against directors and officers of British Petroleum in the wake of the company's offshore oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field says.
U.S. commercial property and casualty insurance rates were down 4 percent on average last month.
Reinsurers have not been especially disciplined, and they in fact prolonged a soft insurance market that should have ended a year ago, a leading reinsurance broker says.
In his first annual shareholders meeting address, American International Group President and Chief Executive Officer Robert Benmosche highlighted the company's strong 2010 first quarter results.
Workers' compensation insurers have seen net written premium shrink 23 percent from 2007 to 2009.
Independent agencies are invited to enter the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.
Securities class actions, and to a somewhat lesser extent shareholder derivative litigation, have historically presented the largest class of claims exposures to directors and officers liability insurers.
With all tourist attraction businesses suffering in this struggling economy, insurers writing bed and breakfast establishments are experiencing many of the same problems as those who handle larger, more standard hotel risks.
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