National Underwriter P&C December 3-10, 2012

Cover Story

Confessions of a Converted Insurance Company CEO

Dave Thomas became the head of an independent agency after decades as a carrier executive. Here, he reveals he has since discovered how insurers are doing wrong by independent agents & brokers.

View Past Issues | Subscribe

Special Report

P&C Compliance-Reporting Tips: Best Practices for a Thankless Task

By Ben Chandler

P&C insurers great and small are responsible for completing a variety of state-compliance reports throughout the year. These can range from standard annual or periodic reports filed with a state’s insurance bureau to special calls for data made directly from the state that can be issued with a deadline of...

Market Report

Classic-Car Owners Face Sandy Heartbreak

By Chad Hemenway, PropertyCasualty360.com

Superstorm Sandy has claimed its share of property and sentimental personal belongings—and in some cases, the damage left in the storm’s wake has been enough to make grown men cry.

News

Allstate October Cat Losses Top $1B, Mostly Due to Sandy

By Chad Hemenway, PropertyCasualty360.com

Allstate Corp. says it expects $1.08 billion in pretax catastrophe losses for the month of October, primarily due to Superstorm Sandy.
Sandy to Spoil Rate Climate for Buyers as Renewals Approach

By Chad Hemenway, PropertyCasualty360.com

The U.S. property practice leader for broker Marsh says Superstorm Sandy will likely drive rate increases as the Jan. 1 renewal season approaches.

Opinion

Seraina Maag: Global Leader

By Anya Khalamayzer, PropertyCasualty360

As CEO of XL Group’s North American P&C Insurance operations, Seraina Maag directs seven lines of business in America, Bermuda and Canada and has also assumed responsibility for global Excess Casualty and Surety. A mother of three and former master of voltige (gymnastics on horseback), Maag was elected a Young...
How Organizations Can Set Effective Risk-Tolerance and Appetite Limits

By Denise Tessier

Will you get pulled over if you are driving at 68 mph? It depends. Are you in a school zone, where the speed limit is 20 mph, posted with a flashing yellow sign? Are you in a densely populated area, where you are not supposed to go over 40 mph?...
Focus Groups Reveal Small-Business Insureds Open to Buying Direct

By Sam Friedman

Direct sales to consumers of personal-lines products has been a major distribution platform for Auto and Homeowners’ insurance for years, keeping the heat on independent agents and brokers to prove their added value if they want to retain market share. And now a day of reckoning on small-commercial business could...