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The Government Accountability Office put a damper on a House proposal to add wind damage to the National Flood Insurance Program, warning Congress such an expansion of coverage could break the NFIP
A sinking economy, resulting in cutbacks in construction projects and a tightening of credit, is just one of the looming challenges facing surety and fidelity bond underwriters as their association
The way in which rating agencies incorporate the results of catastrophe models into their analyses puts pressure on insurance regulators to approve huge rate hikes for carriers, South Carolina's
The U.S. Senate vote expected this week on legislation reauthorizing and reforming the National Flood Insurance Program--without adding wind coverage--will strengthen the insurance industry's hand in
While some independent agencies grapple with the question of how to create a successful technology support program, one New Jersey-based outfit found the answer in the enthusiasm of its chief
There is no doubt that the agency business has its ups and downs. But for the champion in National Underwriter's inaugural "P&C Agency Technology Achievement Award" program--conducted in partnership
It is no secret that the Holy Grail in the insurance industry has been to develop technology solutions to realize single-entry, multiple-company interface--better known as SEMCI. While the quest might
For the seventh-straight year, principals representing three agency finalists will receive national recognition as role models for their peers--running successful sales organizations while serving as
Risk managers have until June 9 to enter the second annual National Underwriter "Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compensation Insur
For its property-casualty business, Allianz reported that gross written premiums dropped 3 percent, from EUR14.1 ($21.8 billion) in the first quarter of 2007 to EUR13.7 ($21.2 billion) for the first quart
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