National Underwriter Property & Casualty-August 27, 2012

Issue Gallery ›

  • Onshore Captive Domiciles Gaining Ground

    Anya Khalamayzer

    The years of dominance enjoyed by offshore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute (I.I.I.).

  • Carriers’ Online Tools for Producers

    Michael P. Voelker

    Although the direct sale of commercial-line insurance remains the extremely limited exception rather than the rule, many carriers offer online quoting and application capabilities for their agents and brokers.

  • Rates Rising, But Not Enough for Sustained Underwriting Profits

    Phil Gusman

    P&C insurance rates are rising, and pricing momentum is expected to continue through 2012, but some observers say increases might moderate in 2013 and that the industry will not see a hard market marked by strong underwriting profitability.

  • Online Agency Targets Small Businesses

    Michael P. Voelker

    Insureon is an online-only e-agency targeting smaller commercial accounts that looks to combine the time-saving advantages of buying online with the consultative role of an agent.

  • Duffer’s Dilemma: Coverage for Golf-Cart Accidents

    David Thamann

    Being a once-in-a-while golfer, I was interested in an article I read recently concerning the rise in golf-cart accidents. Among the accidents the article highlighted: a woman in Indiana died in June when a golf cart being driven by someone who had been drinking crashed into a creek. From personal...

  • Anne Arvia: Nationwide’s New Leader of Direct Sales

    Mark Ruquet

    Anne Arvia was recently named President and COO of Nationwide Direct, Affinity and Growth Solutions, giving her oversight of the Columbus, Ohio-based companys direct P&C sales channel, along with responsibility for specialty-insurance affinity partnerships and Veterinary Pet insurance. She joined Nationwide in 2006 as president of Nationwide Bank before becoming...

  • Ruling Expands Environmental Insurance Exposure in California

    Chad Hemenway

    In what is being called one of the biggest Environmental insurance coverage rulings to come out of California in decades, the states highest court says policyholders can seek recoveries up to the policy limits and can stack multiple policies on long-tail claims.

  • Heavy Metal

    Bonnie Cavanaugh, E&S Editor

    Ongoing major thefts of copper and other metals from abandoned and occupied buildings have garnered the attention of lawmakers nationwide.

  • NFL, Insurers Scrum over Coverage for Concussion-Related Lawsuits

    Chad Hemenway

    The National Football League is seeking coverage from insurers that it says have refused to provide a defense as the league faces hundreds of concussion-related lawsuits from former playersbut insurers are claiming they have no duty to indemnify or defend the NFL.

  • Extra Protections: Burglar Alarms, Plastic Wrap

    Bonnie Cavanaugh, E&S Editor

    Before providing Vacant Building coverage, a carrier may require that certain protections be in place. For example, it may ask the insured to warrant that the building has a central burglar alarm and that it is working.

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