insurance buyers

• Property Risk Not a Part of Many ERM Programs: Advisen Survey

  By Anya Khalamayzer, PropertyCasualty360.com  |  June 12, 2013

  A majority of organizations have an enterprise risk management program but a “surprisingly large minority” of these programs do not include property risks.

• The “M” Word

  By Louie Castoria  |  June 1, 2013

  Juliet had it right: “What’s in a name?” she rhetorically asks in Shakespeare’s play. “What’s Montague? It is nor hand, nor foot, nor arm, nor face, nor any other part belonging to a man. O, be some other name!”

• MarketScout: Berkshire Hiring of AIG Execs Could Upset Rate Increases

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 6, 2013

  The CEO of MarketScout says Berkshire Hathaway’s hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.

• 

  IIABA Portal to Raise Consumer Awareness, Advise Agents

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 25, 2013

  Independent agents have been losing ground in the battle for personal lines market share to captive agents and direct writers, but the Independent Insurance Agents & Brokers of America will soon unleash a technology portal it feels will make producers competitive again.

• 

  Agents Must Find Younger Customers Where They Live: On Social Media

  By Mark E. Ruquet, PropertyCasualty360  |  April 19, 2013

  In a time when communication happens more often through a mobile device than face-to-face, agents must move beyond their old word-of-mouth marketing strategies and embrace social-media outlets to connect with a new generation of insurance customers, a business professor contends.

• D&O Rates on the Rise as Clients Ask More Coverage Questions

  By Chade Hemenway  |  March 29, 2013

  Directors and officers are asking more about their insurance coverage—and are being charged more for it, according to a survey by Towers Watson.

• 

  2013 Risk Manager Choice Awards: AIG Gets the Edge

  By Chad Hemenway, PropertyCasualty360.com  |  March 29, 2013

  American International Group Inc. is the top choice among insurance buyers in the 2013 Risk Manager Choice Awards as the best overall commercial-insurance provider.

• Agent/Broker Groups Testify in Favor of Latest NARAB Bill

  By Arthur D. Postal, PropertyCasualty360.com, Elizabeth Festa, PropertyCasualty360.com  |  March 19, 2013

  Agent and broker groups voiced strong support at a Senate hearing today for legislation that would create a streamlined non-resident producer licensing system.

• D&O Rates on the Rise as Insureds Ask More Coverage Questions

  By Chad Hemenway, PropertyCasualty360.com  |  March 14, 2013

  Directors and officers are asking more about their insurance coverage, and being charged more for it, according to a survey by Towers Watson.

• 

  Meet the Experts: Environmental Leaders

  By Staff Writer  |  January 23, 2013

  Click through to check out biographies of the brokers, carrier executives and risk managers dealing in Environmental insurance who offer their perspective throughout PC360’s January digital issue. The subjects also offer additional thoughts on this line, including their views on why more clients should strongly consider this relatively inexpensive but...

• 

  Marsh U.S. CEO Talks Challenges, Opportunities for Agents & Brokers in 2013

  By Staff Writer  |  December 21, 2012

  David Bidmead on strategies for maximizing value for clients, living with the “new normal,” and the task of attracting and recruiting the right talent

• R&O Insurance Executives: Slow and Steady

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  December 1, 2012

  Don't expect to see Superstorm Sandy losses generating whiplash-fast changes in property-casualty pricing. Insurer executives agree that 2013 will be another year of gradual firming rather than the hard-market shifts of old.

• Carriers Compete for Builder’s Risk Business

  By Dave Lenckus  |  October 29, 2012

  As more insurers compete for less construction business, project owners and general contractors can find ample Builder’s Risk insurance at reduced or stable rates for projects that are not exposed to catastrophes, market executives say.

• 

  Willis Sees Mixed Market in 2013 as Plumeri Discusses Changing Nature of Pricing Cycle

  By Phil Gusman, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com  |  October 10, 2012

  Willis Chairman and CEO Joe Plumeri sees "smaller, localized waves" replacing the the "rising tide that lifts all boats" when it comes to the insurance-pricing cycle. Willis sees a leveling off in commercial-property pricing in 2013, while casualty risks will likely see more increases.

• 

  Could Policies Written in Greek End Up Being Trojan Horses?

  By Sam J. Friedman  |  September 29, 2012

  Insurance policies may never be beach-reading material, but many small-business buyers are frustrated by their inability to easily comprehend their coverage terms and conditions, two recent Deloitte Research focus groups revealed.

• Huge Business Interruption Losses Spur New ‘Information Age’

  By Dave Lenckus  |  July 9, 2012

  Insurers suffered sizable Contingent Business Interruption (CBI) losses last year, as catastrophes such as the Japan earthquake and Thai flooding wreaked havoc on supply chains worldwide. CBI losses, in fact, likely accounted for a substantial portion of the massive cat claims in 2011.