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Robert Muir-Wood
On June 2, the Florida Commission on Hurricane Loss Projection Methodologies approved a new hurricane model from Risk Management Solutions. In an article written in March, just after the February model-release, Chief Research Officer Robert Muir-Wood offers a closer look at the model and the science behind it
Caroline McDonald
A listless economy has meant $150 million trimmed from Bermuda’s budget, but a brighter outlook is expected later this year, according to Bermuda and U.S. officials.
Mark E. Ruquet
Despite market conditions that should be edging pricing up, the U.S. property and casualty market still remains soft with composite rates in May running at minus-4 percent, according to online insurance-exchange MarketScout.
Arthur D. Postal
A key member of the Senate Banking Committee urged major changes in the National Flood Insurance Program (NFIP) during a June 9 hearing.
Chad Hemenway
Edmund “Ted” Kelly, CEO of Liberty Mutual Group since 1998, is retiring on June 28.
Arthur D. Postal
A recent U.S. Supreme Court decision moved the ball just a little bit in favor of easing the conditions for bringing a class-action lawsuit alleging securities fraud.
Mark E. Ruquet
Allstate unveiled plans to revamp its distribution channels and its business strategy to grow its property and casualty business, but the executive director of the company’s agents’ association has criticized the plans.
Bryant Rousseau
Last week, I had the opportunity to spend a day in Joplin, Mo., with members of the State Farm team—witnessing the company’s concerted response to the devastating tornado that ripped through the city, leaving more than 140 dead and 1,000 injured (see my Reporter’s Notebook on page 6).
Bryant Rousseau
To experience firsthand how the insurance industry is responding to the tornado that took out a large swath of Joplin, Mo. on May 22, I “embedded” on June 7 with State Farm Insurance, meeting with a local agent, two catastrophe claims representatives and an auto-lines specialist.
Denise Tessier
Like serving any large, multi-course meal, ERM projects can be large, intimidating, tough to coordinate, and difficult to digest. In tackling an ERM rollout, breaking down the project into components is essential for success.
Chad Hemenway
National Underwriter’s annual review of unusual insurance claims finds adjusters tackling scenarios involving a high-net-worth customer in high heels, a dog attacking their own reflection, and a diner spooked by a fly in someone else’s soup.
Eric Gilkey
What are some of the top concerns facing this catastrophe insurance claims adjusters? NU asked four veterans of the business to share their views.
Caroline McDonald
At the Bermuda Captive Conference in Southampton, Bermuda last week, conference keynoter Robert H. Benmosche, president and CEO of AIG, sat down for an exclusive interview with NU to discuss public perception of his company and if he would change anything about the past.
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Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.
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