National Underwriter Property & Casualty-June 25-July 2, 2012

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  • 7 Essential Coverages for Accounting Firms

    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...

  • #10 Dick Bouhan: Today’s Specialty

    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.

  • Living Legends of Insurance

    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.

  • #5 Barney Frank: Federal Enforcer

    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.

  • #2 Peter Lewis: Progressive Thinker

    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.

  • #8 Jack Byrne: Buffett’s ‘Babe’

    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.

  • Contamination & Miscues: Protecting Against Product Liability

    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.

  • #9 Ted Kelly: Extending Liberty

    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.

  • #7 ‘Dickie’ Scruggs: Plaintiffs’ Pontiff

    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.

  • America’s Most Unusual Pet Claims

    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.

  • ‘What Can We Do About Ben?’ Examining the Duty to Advise

    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.

  • #6 Karen Clark: Model Citizen

    Chad Hemenway

    Karen Clark was sitting in front of a computer in the mid-1980s, mulling over problems the actuaries werent working on.

  • Government Website Offers Insights Into Competitors’ Flaws

    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,, which it set up a year ago as an information portal for consumers.

  • Starrs in His Eyes

    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.

  • PIA Initiative Enables Agents to Increase Online Presence

    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).

  • Spitzer & Scandal

    Bryant Rousseau

    One of the drawbacks to having superhuman skills is that you tend to attract equally well-enabled arch-enemies.

  • Living Legends

    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.

  • #4 Pat Ryan: Giant Builder

    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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