Last year was an extraordinary time of stunning financial meltdown and the advent of political change. While the beginning of 2008 appeared rather positive and upbeat, by the end of the year we learne
"We have known for some time we had to remake this company from the ground up, and senior management has been pushing forward with an agenda of transformation for 24 months," Harris explains. "When we
Throughout their operations, insurers have focused on designing processes and leveraging technology to increase speed and efficiency. Even in claims--the "money out" side of the business--insurers under
An international survey on environmental risk management finds executives are turning more attention to the issue, but most have not developed a coherent plan to address their exposures, or ignore it
The confluence of international accounting standards with U.S. accounting standards is a "wake-up call for everyone including analysts, according to Steve Ader, a director with Standard & Poor's Corp.
In early April the AAB crew joined independent agents and brokers in Washington, D.C. as they lobbied Capitol Hill with the Big I (see our Web site at www.agentandbroker.com for some video interviews from the conference).The topic on
The Navigators Group Inc. announced that Navigators Pro, a division of Navigators Management Co., has introduced the SPAC InNAVation coverage endorsement to its primary D&O liability policy. This policy endorsement provides enhanced D&O coverage
If you're a baby boomer like I am, you probably get at least one e-mail a week from someone who wants to remind you of how great it was in the "good old days" of 5-cent cokes, 29-cent gasoline and
Welcome back, my friends, to December and the holiday season! As is our tradition here at Policy Issues, we set aside our typical insurance analysis for a moment of fun and frivolity, as we acknowledge the foibles of our favorite business. So, don
In the April 2003 issue of Tech Decisions, Udo Shucar, an IT project manager for Munich Re, spoke about the global reinsurer's plan to consolidate all its systems into a single point of entry: "The di