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John P. O'Connor, Dan Reed
Given the recent deadline for second-quarter 2012 estimated tax payments on June 15, your accounting-firm clients have been busier than usual. With another rush of deadlines, they have probably not been thinking about the need to have adequate insurance in place to cover a major setback. But given current economic...
Arthur D. Postal and Phil Gusman
If pure performance is the primary criteria by which a business executives stature should be judged, then Dick Bouhan is truly a legend.
Staff Writers
Central to the definition of legend is the notion that the fame achieved will be enduringthat these are people whose accomplishments will be remembered for a long, long time.
Arthur D. Postal
Until the Dodd-Frank Act of 2010, regulation of the insurance industry at the federal level had been deemed entirely off limits.
Mark E. Ruquet
Workers Compensation results are a drag on the P&C insurance industrys numbers, producing a combined ratio that is 7 points worse than the industry as a whole, according to Fitch Ratings.
Bryant Rousseau
No other company is as aptly named as Progressive Insurance, which for the last 50 years under the leadership of Peter Lewis has been remarkably ahead of the insurance-industry curve in implementing game-changing business practices.
Bryant Rousseau
In 1967, AIG was very tiny when I became CEO. When I left in 2005, it was the largest insurance company in history.
Shawn Moynihan
Many would say Bermuda would not be the insurance market it has become without Brian Duperreaults vision to realize its potential and spearhead its transformation into one of the worlds leading insurance centers.
Phil Gusman
When Warren Buffett speaks, people listen. So who better to quote than the super investor when it comes to the impressive insurance career of Jack Byrne.
Bonnie Cavanaugh, E&S Editor
Competition in the product-recall arena is heating up, and not because the economy is encouraging consumption. Rather, increased product scrutiny across markets is giving headaches to nearly every industry but insurance.
Chad Hemenway
Edmund Ted Kelly says he never dreamed of being a CEO, but he ended up becoming one of the most successfuland outspokenleaders ever of an insurance company.
Caterina Pontoriero
National Underwriters annual review of unusual insurance claims finds adjusters tackling scenarios involving a hoarder with a love of romance novels, an exploding corpse and a zombie dog attacking a neighbors yard.
Chad Hemenway
When youre the most prominent and powerful plaintiffs attorney in the land, winning hundreds of billions of dollars for your clients, you definitely qualify as a legendor rather, a bogeyman who undoubtedly has haunted the dreams of many a carrier executive.
Caterina Pontoriero
Its no secret that pets feature prominently in unusual claimsso much so that Nationwide-subsidiary Veterinary Pet Insurance (VPI) has an annual award for its most unusual pet claims.
Mark E. Ruquet
Brokers will likely benefit from the uncertainty surrounding U.S. health-care reforms as companies seek their counsel over the new insurance requirements, according to Moodys Investors Service.
Caterina Pontoriero
TOUTED AS AN apocalyptic year, 2012 has seen its share of bizarre end-of-the-world scenario predictions. Perhaps the most popular is the idea of a zombie apocalypse.
Peter J. Biging
When faced with claims against agents and brokers for failing to properly advise their clients, courts have generally found that agents and brokers are not risk managers and are not responsible for advising their clients to purchase specific types or amounts of coverageabsent special circumstances.
Chad Hemenway
Karen Clark was sitting in front of a computer in the mid-1980s, mulling over problems the actuaries werent working on.
Bonnie Cavanaugh, E&S Editor
The U.S. Consumer Product Safety Commission gets some 400 product reports a year, says CPSC spokesman Alex Filip. The reports come in through the CPSCs Safer Products website, www.saferproducts.gov, which it set up a year ago as an information portal for consumers.
Bonnie Cavanaugh, E&S Editor
In 2010, McDonalds Corp. set the bar for product-liability response when it managed to recall some 12 million Shrek Forever After 3-D collectible drinking glasses manufactured by ARC International of Millville, N.J.
Bryant Rousseau
AT 87, AND WITH his place in the history of insurance secure, Hank Greenberg certainly deserves a little time off. But that fits neither his personality nor his plans.
Chad Hemenway
Chubb says there is a general lack of concern among surveyed public companies that their directors and officers will face a lawsuit.
Mark E. Ruquet
Independent agents have another tool in their arsenal to improve search-engine optimization, thanks to a recent partnership between a new Internet-marketing firm and the National Association of Professional Insurance Agents (PIA).
Bryant Rousseau
One of the drawbacks to having superhuman skills is that you tend to attract equally well-enabled arch-enemies.
Chad Hemenway
Insurers of lawyers say they are seeing higher-severity claims due in part to the rising costs of litigating complicated suits.
Bryant Rousseau
In a multitrillion-dollar, globe-straddling industry, its exceedingly difficult for one person to make an indelible differenceto truly and fundamentally and permanently transform the insurance landscape.
Shawn Moynihan
After decades working in the business on which he has left such a monumental mark, Pat Ryan still loves what he doesand excels at it because he is ever mindful of the impact his efforts, in insurance or otherwise, will have on others.
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