National Underwriter P&C January 8, 2009
Cover Story
P-C Industry Standing Strong Despite
Perhaps the best thing that can be said about 2008 is that it is over. The recession that undermined the economy all year long is a vicious one, systematically destroying financial markets,
Opinion
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Sam's Top 10 Stories Of 2009!
Last week, I assessed my predictive prowess by reviewing how accurately I'd foreseen the top stories of 2008. Since there were more hits than misses, I feel emboldened to guess at what might be in
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Don't Neglect Employee Morale In A Down Economy
Difficult economic times require a leadership style focused on the people who execute corporate strategy. As leaders in the insurance industry, one of the major challenges confronting us is the
News
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Agency Tech Award Deadline is Extended
The entry deadline for the second annual National Underwriter "Agency Technology Achievement Award" program, run in partnership with the ACORD LOMA Insurance Systems Forum, has been extended until
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Internet Regulation: Distasteful But Inevitable
While most IT professionals seem dead set against regulating the Internet in the same fashion as telecommunications and television, economic and ethical factors seem to point to the inevitability of
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Analyst Says SOA Has Not Delivered For Insurance
While many in insurance have bought into SOA and reported positive results, not everyone agrees that the architecture has been the panacea that was claimed by many when it first burst onto the scene
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AIG's Chief Exec Defends Need For Retention Bonuses
American International Group Chairman and Chief Executive Officer Edward Liddy strongly defended his company's decision to pay retention bonuses to key employees, saying that keeping top people on
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AIG Sale Of Hartford Steam Boiler To Munich Re Nets Loss Of $458 Million
As American International Group announced the sale of its Hartford Steam Boiler unit to Munich Re Group in a deal worth $742 million--$458 million less than the carrier paid for HSB back in 2000--AIG's
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Flood Program Expiration Looming
The Independent Insurance Agents and Brokers of America will "advocate for both extending and reforming the program," said Charles Symington, senior vice president of government affairs. "While we
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P-C Industry Split On Regulatory Reform
The property-casualty industry remains deeply split over regulatory reform and will deliver conflicting messages on Capitol Hill as Congress resumes debate on the hot-button issue--this time with
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FTC Subpoenas Nine Homeowners Insurers On Use Of Credit Scores
Nine carriers that control 60 percent of the U.S. homeowners insurance market have agreed to comply with a Federal Trade Commission subpoena requesting additional information on how credit scoring
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NU Extends Agency Tech Award Deadline To March 9
The entry deadline for the second annual National Underwriter "Agency Technology Achievement Award" program, run in partnership with the ACORD LOMA Insurance Systems Forum, has been extended until
Market Report
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Economic Turmoil Undermines P-C Agents & Brokers
While agents and brokers are trying to hit the ground running this year, many may feel like they are stuck on a treadmill, struggling to keep up their books of business while more clients contract or
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P-C Insurers Feeling The Economic Heat, But Well-Positioned To Land On Their Feet
While no sector is immune to the recession, property-casualty insurers are well positioned to weather the economic turbulence ahead and emerge in a strong position when conditions inevitably turn
Technology Trends
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SOA Widely Used, Though Misunderstood
IT needs to do a better job communicating operational impact, investment
