Hurricane Spitzer Hammers Brokers, Carriers
Allegations of bid-rigging, fee abuse undermine p-c industry, spurs reforms
Natural catastrophes can be devastating, but insurers generally pay off their claims and move on. However, one man-made disaster has shaken the property-casualty industry to its core, undermined its credibility and prompted calls for fundamental changes in the way brokers and insurers do business.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.