The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics.
Workers' compensation insurance writers saw total pharmacy spending per injured worker in 2009 rise 6.5 percent, according to a report by a risk management services firm.
Severe flooding in China this summer has caused massive destruction and tens of billions of dollars in damage, but is unlikely to have a large impact on the insurance industry, Guy Carpenter's Instrat unit said.
Pennsylvania court cases ruling that subcontractors' faulty work should be excluded from commercial general liability (CGL) policies has caused a coverage gap for insureds and confusion for agents selling the policies, a state agent association said.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, including claim adjusting, according to the I.I.I.'s latest report.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.
Working in the insurance industry for nearly half a century--and serving with the Insurance Services Office since its foundation in 1971--Carole J. Banfield
The majority of the American public is not overly supportive of legislation allowing policyholders to file first-party bad-faith lawsuits, the Insurance Research Council (IRC) said in a new report.
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"articles": [
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"uri": "/2010/08/29/bp-oil-spill-to-alter-energy-market-dynamics-marsh-says/",
"title": "BP Oil Spill To Alter Energy Market Dynamics, Marsh Says",
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"summary": "The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics.",
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"uri": "/2010/08/15/workers-comp-pharmacy-spending-rose-6-5-in-2009/",
"title": "Workers' Comp. Pharmacy Spending Rose 6.5% In 2009",
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"prettyDate": "August 15, 2010",
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"summary": "Workers' compensation insurance writers saw total pharmacy spending per injured worker in 2009 rise 6.5 percent, according to a report by a risk management services firm.",
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{
"uri": "/2010/08/12/industry-settled-katrina-claims-quickly-emerged-in-good-shape/",
"title": "Industry Settled Katrina Claims Quickly, Emerged In Good Shape",
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"prettyDate": "August 12, 2010",
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"summary": "Ninety-eight percent of the 1.7 million Hurricane Katrina-related claims were settled within a year, a new white paper said.",
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{
"uri": "/2010/08/11/china-floods-cause-economic-but-not-insured-losses/",
"title": "China Floods Cause Economic, But Not Insured, Losses",
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"prettyDate": "August 11, 2010",
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"summary": "Severe flooding in China this summer has caused massive destruction and tens of billions of dollars in damage, but is unlikely to have a large impact on the insurance industry, Guy Carpenter's Instrat unit said.",
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},
{
"uri": "/2010/08/11/pa-court-decisions-creating-cgl-confusion-for-agents-insureds/",
"title": "Pa. Court Decisions Creating CGL Confusion For Agents, Insureds",
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"prettyDate": "August 11, 2010",
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"summary": "Pennsylvania court cases ruling that subcontractors' faulty work should be excluded from commercial general liability (CGL) policies has caused a coverage gap for insureds and confusion for agents selling the policies, a state agent association said.",
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{
"uri": "/2010/08/09/i-i-i-pc-employment-stabilizing-adjusting-jobs-sti/",
"title": "I.I.I.: P&C Employment Stabilizing, Adjusting Jobs Still Depressed",
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"prettyDate": "August 09, 2010",
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"summary": "Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, including claim adjusting, according to the I.I.I.'s latest report.",
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{
"uri": "/2010/08/08/insurance-jobs-hit-by-recession-but-pc-adds-worker/",
"title": "Insurance Jobs Hit By Recession, But P&C Adds Workers In June",
"byline": "Katharine Rose",
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"prettyDate": "August 08, 2010",
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"summary": "Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.",
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{
"uri": "/2010/08/08/apiws-woman-of-the-year-urges-industry-to-overcome-cultural-hurdles/",
"title": "APIW's 'Woman Of The Year' Urges Industry To Overcome Cultural Hurdles",
"byline": "Katharine Rose",
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"prettyDate": "August 08, 2010",
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"summary": "Working in the insurance industry for nearly half a century--and serving with the Insurance Services Office since its foundation in 1971--Carole J. Banfield",
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{
"uri": "/2010/07/28/n-m-commission-appoints-franchini-insurance-superintendent/",
"title": "N.M. Commission Appoints Franchini Insurance Superintendent",
"byline": "Katharine Rose",
"kicker": "News",
"prettyDate": "July 28, 2010",
"timeToRead": "1 minute",
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"summary": "The New Mexico Public Regulation Commission (NMPRC) has appointed John G. Franchini as Superintendent of Insurance, the commission announced.",
"body": null
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{
"uri": "/2010/07/28/americans-lukewarm-on-filing-bad-faith-suits-again/",
"title": "Americans Lukewarm On Filing Bad Faith Suits Against Insurers",
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"summary": "The majority of the American public is not overly supportive of legislation allowing policyholders to file first-party bad-faith lawsuits, the Insurance Research Council (IRC) said in a new report.",
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