While specialty insurers writing coverage for risks ranging from oil platforms, to trucks, to construction projects have reported lower demand in 2009, those working with customers in the sports and entertainment industries still draw crowds.
Bonding between a father and son often involves a football game, fishing, or maybe a weekend golf trip, but rarely does father/son jail time come into play.
Women work in insurance underwriting and claims in huge numbers, but only a minute fraction are hired by insurers as directors or chief executives, according to data presented at a meeting here.
NY Yankees Alex Rodriguez--in year two of a 10-year, $275 million contract--sent a scare through the sports contract insurance market when it was announced in March he would need surgery on his hip, costing him at least one-quarter of the baseball season.
As if 2008 was not tough enough, 2009 will likely present independent agency owners with challenges rarely seen before. Unpredictable market conditions in the property-casualty marketplace, on top of
"Flight risk" is a term that resonates more with bail bondsmen than with claim managers. Nevertheless, flight risk imperils claim operations nowadays.