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Despite Europes economic woes and record catastrophe losses, the top 10 European insurers increased their written premiums in 2011 by 3 percent over the previous year, according to a report released by Fundacin Mapfre.
In todays world of instant gratification, waiting 30 days for a policy to be issued is no way for an insurance carrier to do business. CNA Canada knew this and Lynne Von Wistinghausen, vice president of operations and information technology and her team saw to it that something wasdone.
In todays world of instant gratification, waiting 30 days for a policy to be issued is no way for an insurance carrier to do business. CNA Canada knew this and Lynne Von Wistinghausen, vice president of operations and information technology and her team saw to it that something wasdone.
Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement, leaving only five states and Puerto Rico as members.
Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement, leaving only five states and Puerto Rico as members.
Increasingly, more CEOs and CFOs are taking charge of their companies' risk-management duties, according to a Deloitte & Touche and Forbes Insights survey--and the majority of those companies say they plan to implement changes designed to raise the profile of risk management throughout their organization.
Economic factors are playing a part in EPLI rate increases, but the current regulatory and legal environment may be an even stronger force behind the hikes, an expert says.
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