National Underwriter Property & Casualty-April 23, 2012

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  • After a Rough 2011 for P&C, KBW Reports a Positive Kickoff to 2012

    Chad Hemenway

    The U.S. P&C industry in 2011 posted its worst combined ratio since 2001and net income dropped more than 45 percent, according to a joint analysis conducted by three industry groups. But a separate report points to more profitable results in Q1 2012.

  • This Market is Jumping

    Bonnie Cavanaugh, E&S Editor

    The indoor-facilities markete.g., sports centers that offer trampoline use and wall climbingappears to be growing and expanding, says Mark Nichols, managing director of the accident and health unit of Markel Corp. in Glen Allen, Va. This could be an area in which agents and brokers can specialize.

  • Sports Camps Coverage: The Basics

    Bonnie Cavanaugh, E&S Editor

    Basic insurance needs for sports camps are General Liability and Accident/Medical Insurance along with Participant Legal Liability coverage, which is unique to sports camps and covers bodily injuries not included in a GL policy, says Lori Windolf Crispo, managing director for the sports programs division at Bollinger Insurance in Short...

  • FEMA Bans Insurance Rebating on NFIP Policies

    Arthur D. Postal

    Insurance agents selling flood-insurance policies will no longer be allowed to cede a portion of their commissions to property owners to induce them to purchase insurancea practice known as insurance rebating.

  • RIMS Highlights

    Bryant Rousseau

    From the perspective of a magazine editor, the Risk and Insurance Management Societys annual meeting is the gift that keeps on giving.

  • Survey: Executives Want Risk Managers to Show More Initiative

    Mark E. Ruquet

    Chief executives and risk managers see eye-to-eye on necessary risk-professional skill setsbut gaps remain between how the two view the role of risk managers, according to the ninth annual Excellence in Risk Management survey from insurance broker Marsh and the Risk and Insurance Management Society.

  • RIMS Seeks to Bolster Political Influence

    Mark E. Ruquet

    Whether it is at a local chapter meeting or in the halls of Congress, the Risk and Insurance Management Society is setting an ambitious goal to increase its influence over issues that affect the world of risk, says the associations president.

  • Too Tough to Underwrite?

    Bonnie Cavanaugh, E&S Editor

    Some types of amateur and youth sports have emerged that are so new or so untested that insurance companies, agencies and brokerages shy away from underwriting them.

  • Chubb Insurance: All Fired Up

    Bryant Rousseau

    Setting fires in the workplace is frowned upon by most employers, but at Chubb Insurance its an activity thats not only actively encouragedits actually an essential part of the companys profit picture.

  • Exhibitors Offer Solutions in Cyber Risk, Supply Chain Exposures, Workers’ Comp

    Mark E. Ruquet

    Hundreds of exhibitors representing myriad insurance interests and specialties assembled at the Risk and Insurance Management Societys 50th annual meeting in Philadelphia. National Underwriter met with them to discuss some of the new offerings they presented to the thousands of risk-management attendees on hand for the four-day event.

  • The Land of Loss Prevention

    Bryant Rousseau

    When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...

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