-
By Mark E. Ruquet, PropertyCasualty360.com |
April 19, 2012
Doing business in Asia is very different from the United States or Europe in both cultural and business terms, and understanding that difference can avoid personal embarrassment or imprisonment.
-
By Arthur D. Postal, PropertyCasualty360.com |
March 22, 2012
The House took action again today on repealing the McCarran-Ferguson antitrust exemption for health insurers by passing the larger bill to which the repeal amendment was attached.
-
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...
-
By Michael P. Voelker |
March 14, 2012
Environmental issues and green construction have a few points of intersection in the insurance marketplace. When it comes to risk exposure, green construction techniques—new types of building materials, natural roof coverings, or even indoor water features—have raised concerns about how those components might impact mold, air quality, and other...
-
By Mark E. Ruquet, PropertyCasualty360.com |
February 29, 2012
Faced with the daunting task of improving margins in an economically strained environment, insurers are finding ways to increase efficiency, and many see policy administration as an area where technology can accomplish that goal, according to a recent report.
-
By Mark E. Ruquet |
February 24, 2012
Develop a specialty in the insurance business and you will never have to worry about staying employed, Patrick G. Ryan, founder and former chief executive of the insurance-brokerage firm Aon, declared during a Feb. 16 address in New York.
-
By Mark E. Ruquet, PropertyCasualty360.com |
February 17, 2012
Develop a specialty in the insurance business and you will never have to worry about staying employed, declared Patrick G. Ryan, the founder and former chief executive of the insurance-brokerage firm Aon in an address in New York yesterday.
-
By Mark E. Ruquet |
February 9, 2012
Arthur J. Gallagher (AJG) kicked off the fourth-quarter earnings report season for insurance brokers by saying that its net profit dropped 18 percent, primarily due to increased expenses. But the Itasca, Ill.-based insurance-brokerage firm says earnings are on the rise.
-
By Mark E. Ruquet |
February 9, 2012
In an environment of rapidly evolving risks, merely anticipating risk is not enough: Organizations also need to focus on building resilience to effectively manage risk and to position themselves for long-term sustainability, says the chief executive of Willis Group Holdings.
-
By Mark E. Ruquet, PropertyCasualty360.com |
February 7, 2012
Daytona Beach, Fla.-based insurance broker Brown & Brown reported fourth quarter net income increased 14 percent over the prior year as the firm reported over $1 billion in revenue for the first time.