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The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics.
Workers' compensation insurance writers saw total pharmacy spending per injured worker in 2009 rise 6.5 percent, according to a report by a risk management services firm.
Ninety-eight percent of the 1.7 million Hurricane Katrina-related claims were settled within a year, a new white paper said.
Severe flooding in China this summer has caused massive destruction and tens of billions of dollars in damage, but is unlikely to have a large impact on the insurance industry, Guy Carpenter's Instrat unit said.
Pennsylvania court cases ruling that subcontractors' faulty work should be excluded from commercial general liability (CGL) policies has caused a coverage gap for insureds and confusion for agents selling the policies, a state agent association said.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, including claim adjusting, according to the I.I.I.'s latest report.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.
Working in the insurance industry for nearly half a century--and serving with the Insurance Services Office since its foundation in 1971--Carole J. Banfield
The New Mexico Public Regulation Commission (NMPRC) has appointed John G. Franchini as Superintendent of Insurance, the commission announced.
The majority of the American public is not overly supportive of legislation allowing policyholders to file first-party bad-faith lawsuits, the Insurance Research Council (IRC) said in a new report.
{ "author": { "name": "Katharine Rose", "webUrl": "/author/profile/katharine-rose/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 27, "social": [], "articles": [ { "uri": "/2010/08/29/bp-oil-spill-to-alter-energy-market-dynamics-marsh-says/", "title": "BP Oil Spill To Alter Energy Market Dynamics, Marsh Says", "byline": "Katharine Rose", "kicker": "", "prettyDate": "August 29, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [], "summary": "The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics.", "body": null }, { "uri": "/2010/08/15/workers-comp-pharmacy-spending-rose-6-5-in-2009/", "title": "Workers' Comp. Pharmacy Spending Rose 6.5% In 2009", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 15, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Workers' compensation insurance writers saw total pharmacy spending per injured worker in 2009 rise 6.5 percent, according to a report by a risk management services firm.", "body": null }, { "uri": "/2010/08/12/industry-settled-katrina-claims-quickly-emerged-in-good-shape/", "title": "Industry Settled Katrina Claims Quickly, Emerged In Good Shape", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 12, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Ninety-eight percent of the 1.7 million Hurricane Katrina-related claims were settled within a year, a new white paper said.", "body": null }, { "uri": "/2010/08/11/china-floods-cause-economic-but-not-insured-losses/", "title": "China Floods Cause Economic, But Not Insured, Losses", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 11, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Severe flooding in China this summer has caused massive destruction and tens of billions of dollars in damage, but is unlikely to have a large impact on the insurance industry, Guy Carpenter's Instrat unit said.", "body": null }, { "uri": "/2010/08/11/pa-court-decisions-creating-cgl-confusion-for-agents-insureds/", "title": "Pa. Court Decisions Creating CGL Confusion For Agents, Insureds", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 11, 2010", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Pennsylvania court cases ruling that subcontractors' faulty work should be excluded from commercial general liability (CGL) policies has caused a coverage gap for insureds and confusion for agents selling the policies, a state agent association said.", "body": null }, { "uri": "/2010/08/09/i-i-i-pc-employment-stabilizing-adjusting-jobs-sti/", "title": "I.I.I.: P&C Employment Stabilizing, Adjusting Jobs Still Depressed", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 09, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, including claim adjusting, according to the I.I.I.'s latest report.", "body": null }, { "uri": "/2010/08/08/insurance-jobs-hit-by-recession-but-pc-adds-worker/", "title": "Insurance Jobs Hit By Recession, But P&C Adds Workers In June", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 08, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.", "body": null }, { "uri": "/2010/08/08/apiws-woman-of-the-year-urges-industry-to-overcome-cultural-hurdles/", "title": "APIW's 'Woman Of The Year' Urges Industry To Overcome Cultural Hurdles", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "August 08, 2010", "timeToRead": "8 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Working in the insurance industry for nearly half a century--and serving with the Insurance Services Office since its foundation in 1971--Carole J. Banfield", "body": null }, { "uri": "/2010/07/28/n-m-commission-appoints-franchini-insurance-superintendent/", "title": "N.M. Commission Appoints Franchini Insurance Superintendent", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "July 28, 2010", "timeToRead": "1 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The New Mexico Public Regulation Commission (NMPRC) has appointed John G. Franchini as Superintendent of Insurance, the commission announced.", "body": null }, { "uri": "/2010/07/28/americans-lukewarm-on-filing-bad-faith-suits-again/", "title": "Americans Lukewarm On Filing Bad Faith Suits Against Insurers", "byline": "Katharine Rose", "kicker": "News", "prettyDate": "July 28, 2010", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/katharine-rose/", "name": "Katharine Rose" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The majority of the American public is not overly supportive of legislation allowing policyholders to file first-party bad-faith lawsuits, the Insurance Research Council (IRC) said in a new report.", "body": null } ] } }
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