National Underwriter Property & Casualty-April 2-9, 2012

Issue Gallery ›

  • Insurance Veteran Seizes Opportunity in Acquiring Agencies

    Mark E. Ruquet

    Robert S. Goldstein, former chairman andCEO of the managing general agency BenefitPort Mid-Atlantic, has come out of retirement to launch Unique Insurance Concepts LLC, a Palm Beach, Fla.-based holding company that aims to acquire surety agencies.

  • Insurers Use New, Enhanced Tools to Gain Ground in Fight Against Fraud

    Michael P. Voelker

    The economy is down, and fraud is upalong with consumer acceptance of fraudulent behavior. A best-practices approach requires using new and established tools and building a reputation for being aggressive in the fight against fraud. Four insurers reveal how theyre waging war against fraudsters.

  • Aon Completes London Move

    Mark E. Ruquet

    Insurance broker Aon announced April 2 that it has completed the move of its corporate headquarters to London.

  • Telematics: It’s Not Personal Anymore

    Chad Hemenway

    As telematics data becomes an increasingly valuable and more widely accepted tool for writing risks, its adoption is rapidly growing in the commercial sector.

  • Swiss Re Introduces Dual-Company Risk to Capital Markets

    Anya Khalamayzer

    Zurich-based reinsurer Swiss Re says its subsidiary Swiss Re Capital Markets has placed a $200 million insurance-linked security with the capital markets that has the unique feature of covering the reinsurance exposures of two carriers.

  • Editor’s Picks: RIMS Panels, Programs

    staff Writer

    The theme of the 2012 Risk and Insurance Management Society Conference is No Boundaries, and RIMS promises to deliver a week packed with updates on new and popular topics.

  • Insurance Rates Rising, But Profitability Elusive

    Mark E. Ruquet, Phil Gusman

    After suffering through a year of elevated property losses and poor underwriting results in 2011, U.S. commercial-lines insurers are positioned to deliver improved operating results this yearbut carriers will still struggle to reach previous profit marks, one analyst says.

  • 16 State Insurance Commissions Fail Integrity Evaluation

    Mark E. Ruquet

    Sixteen state insurance agencies failed a national evaluation by the State Integrity Investigation, a private research project sponsored by the Center for Public Integrity, Global Integrity and Public Radio International.

  • Top 10 Obstacles in Fraud Prevention

    propertycasualty360

    In order to apply force to far-reaching and ever-evolving schemes, insurers will also need to overcome some substantial impediments to investigation. Anthony Roman, head of global security and risk-management firm Roman & Associates, outlines 10 key obstacles that require careful consideration:

  • Game 7/7 Predictions

    Bryant Rousseau

    Each newspaper in the country in the last week or so has issued its annual early-spring prediction of where Major League Baseball teams are going to finish this year in their respective divisions (disappointing to see a lot of fourth-place picks for the Red SoxIm seeing a World Series win).

  • A New Era for Transportation Risk Management

    Craig O'Connell

    With the Compliance, Safety, Accountability Program of 2010 (CSA 2010), the Federal Motor Carrier Safety Administration is bringing unprecedented transparency to the transportation industry, installing a wholly new, comprehensive and detailed system for identifying and resolving carrier and driver-safety issues. It has introduced into industry vernacular several new benchmarks upon...

  • RIMS Connects with Visitors Using Mobile App

    Anya Khalamayzer

    Busy RIMS 2012 attendees can go mobile for the event with an app for Apple, Android and BlackBerry products that provides access to all the conventions resources.

  • Lloyd’s Posts $800M Loss in 2011 Due to Cats

    Mark E. Ruquet

    Lloyds says record catastrophe losses led to a loss of more than $800 million for 2011 as the specialty-insurance market experienced the largest catastrophe-claims year in its history.

  • Forging a New Culture in Fraud Investigation

    Christina Bramlet

    "Insurance fraud is a continuous game of cat-and-mouse, explains James Quiggle, director of communications for the Coalition Against Insurance Fraud (CAIF). Investigators build a mouse trap, but then swindlers build a better mouse. The industrys best defense is amassing field intelligence and analysis and then throwing that up against a...

  • Liberty Mutual Enters Russian Market

    staff Writer

    Boston-based insurer Liberty Mutual Insurance Group says it has acquired the Russian insurance company KIT Finance Insurance from KIT Finance Holding Co.

  • Microinsurance in Evolutionary Stage in Developing Nations

    Mark E. Ruquet

    The growth of microinsurance in developing countries is currently at the same point that insurance in developed nations was 100 years ago, one report suggestsand companies willing to enter into this unconventional business are already seeing some profit.

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