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Copyright © 2023 ALM Global, LLC. All Rights Reserved.
Mark E. Ruquet
The aviation-insurance market is described as stable with renewal pricing indicating no dramatic change in trends, and losses to date are at one of the lowest levels in years, according to two insurance brokers’ reports.
J. Robert Renner
In American Electric Power Co. v. Connecticut, the U.S. Supreme Court held in an 8-0 decision that the Clean Air Act displaced any federal common-law right to seek abatement of carbon-dioxide emissions from fossil-fuel-fired power plants.
Mark E. Ruquet, Chad Hemenway
While there are doubts about whether the property and casualty insurance industry is getting set to enter a hard-market cycle, it increasingly looks like rates are beginning to stabilize in many lines, according to observations by an industry report and some chief executives.
Fair warning: Washington is consumed with the debt crisis.
Chad Hemenway
To compete in a marketplace flooded with competition, environmental insurance carriers to better stand out from the pack are developing new products—built on a growing familiarity with and sophisticated grasp of the unique coverage requirements of specific industry classes.
Gina Jones, Ivy Riggs
When your clients’ top executives demand to know, “What the frack is going on,” do you have an answer? Do you even know what they’re talking about? Gina Jones and Ivy Riggs provide the info you need to arm youself to address your clients’ concerns.
Chad Hemenway, Phil Gusman
The impact of second-quarter catastrophes on insurers is beginning to be seen, as four separate companies cited cat losses as the primary reason for their drop in net income.
Phil Gusman
While property and casualty insurers have benefitted from favorable loss-reserve development in recent years, a Keefe, Bruyette & Woods (KBW) analysis contends that accident-years 2008 to 2010 are underreserved and that adverse development will result in the future.
Caroline McDonald
The Risk and Insurance Management Society’s approval as an accredited standards development organization by the American National Standards Institute (ANSI) means clarification on issues that impact risk managers, says Lori Seidenberg, director of RIMS Standards & Practices and Audit Committee.
Steve Ward
When a fire closed the family-owned Larez restaurant in Carlsbad, N.M., the owners were devastated.
Caroline McDonald
A year-long legal battle with Nevada regulators has paid off for a risk-retention group (RRG) in the form of a decision that should set a precedent for all RRGs, a trade association says.
Bryant Rousseau
In the magazine business, summer is the time of strategy sessions, when we crank up the AC, seal ourselves in our offices and take a step back to look at the big picture and to chart our course for the next year—and beyond.
Chad Hemenway
American International Group Inc. says a federal judge has given preliminary approval to a $450 million settlement it reached with a handful of companies that alleged AIG cheated a workers’ compensation program.
Chad Hemenway
Bill Pritchard, president of Beacon Hill Associates Inc., a wholesale insurance broker and program administrator specializing in the placement of environmental insurance and other specialty products, provides his perspective on a number of crucial areas in the environmental-insurance market.
Mark E. Ruquet
A growing number of agents are finding value in making a relatively small investment to develop custom mobile apps that can improve customer serviceand brand the agency as one that is on the cutting edge.
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Copyright © 2023 ALM Global, LLC. All Rights Reserved.
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