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By Michael P. Voelker |
March 15, 2012
For weeks on end in 2010, live footage of a ruptured pipeline spewing oil underwater in the Gulf of Mexico served as a 24/7 reminder of the potential for environmental devastation. Underwriters and brokers dealing with Environmental insurance initially feared the worst in terms of the disaster’s impact on the...
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By Bonnie Cavanaugh |
January 20, 2012
The practice of drilling for natural gas, known as fracturing or “fracking,” has come under the insurance industry’s microscope, says Matt Pateidl, vice president of environmental risk for Lockton Inc. in New York. The brokerage has several clients involved in fracking: from those who manufacture the pipelines to those who...
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By Ed Domansky |
October 27, 2011
As we have become a more eco-friendly society—focusing on ways to protect and preserve our environment—the market for environmental risk coverages has emerged as one of the clear growth areas of the insurance industry. Go Green!
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By Matthew Brown, Associated Press |
September 19, 2011
A Montana judge has approved a $43 million settlement for more than a thousand asbestos victims who said state officials knew that dust from a mine was killing people but failed to intervene.
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By Bonnie Cavanaugh |
September 12, 2011
An insured can experience a catastrophic loss due to mechanical failure if, at time of loss, the proper coverage, including loss of income, is not in place,” Carmen Suarez, underwriting manager for Preferred Property Program, a subsidiary of JGS Insurance.
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By Robert Regis Hyle, PropertyCasualty360.com |
September 6, 2011
Personal auto insurance is already the most commoditized line of property/casualty insurance and is likely to become the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.
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By Susanne Sclafane, PropertyCasualty360.com |
August 12, 2011
There’s a silver lining in every cloud, and for specialty insurers there’s opportunity present in every emerging risk, two carrier executives say. Navigators’ Stanley Galanski and Aspen’s Mario Vitale see product opportunities in responding to emerging life sciences, environmental and supply-chain risks.
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By Chad Hemenway, PropertyCasualty360.com |
July 29, 2011
To compete in a marketplace flooded with competition, environmental insurance carriers to better stand out from the pack are developing new products—built on a growing familiarity with and sophisticated grasp of the unique coverage requirements of specific industry classes.
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By Gina Jones, Ivy Riggs |
July 29, 2011
When your clients’ top executives demand to know, “What the frack is going on,” do you have an answer? Do you even know what they’re talking about? Gina Jones and Ivy Riggs provide the info you need to arm youself to address your clients’ concerns.
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By Robert Regis Hyle, PropertyCasualty360.com |
July 14, 2011
Personal auto insurance is already the most commoditized line of property & casualty insurance and is likely to becoming the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.
