Happy Memories: NU Thanks Van Zandt, Emrich & Cary Inc.
Susanne Sclafane
Late last month, I received an e-mail with an unusual subject line: “1947 Commemorative 50th anniversary edition.”
Susanne Sclafane
Late last month, I received an e-mail with an unusual subject line: “1947 Commemorative 50th anniversary edition.”
Chad Hemenway, Mark E. Ruquet
Insurance-industry experts are cautioning that the death of Osama bin Laden does not represent the end of the terrorism threat for the United States. The threat, in fact, may worsen if terrorists seek to execute a reprisal attack.
Susanne Sclafane
In spite of competitive conditions in the specialty program business segment, an insurance industry analyst doesn’t see any flashing red alerts signaling major troubles ahead for program carriers so far in 2011.
Susanne Sclafane
Jeremy Hitzig, CEO of Distinguished Programs and 2011 president of the Target Market Program Administrators Association, describes his firm’s strategies for achieving growth and efficiency, as well as ongoing initiatives at TMPAA.
Chad Hemenway
Storms that spawned deadly tornadoes in the South from April 19 to April 27 are expected to cause between $2 billion and $5 billion in insured losses, according to modeling firm EQECAT.
Aaron Bueler, Emil Metropoulos
Traditional loss reserving methods that assume past loss development patterns will repeat produced initial loss estimate that were 25 percent too low for some years during the last soft market, say Guy Carpenter, arguing for the use of modern statistical approaches.
Susanne Sclafane
It may have seemed like horrible timing when Susan Rivera was starting up a program business-focused MGA in late 2009, but there were several advantages to launching in the wake of a global financial crisis and about six years into a soft property and casualty insurance market, she says.
Jim Campbell
Recent data suggest that the agency-acquisition market may be heating up.
Caroline McDonald
An emerging discipline—strategic risk management (SRM)—was defined and recognized by the Risk and Insurance Management Society at its annual conference here.
Caroline McDonald
With more businesses operating globally and environmental restrictions tightening, environmental-coverage gaps could leave risk managers vulnerable, Aon executives say.
Caroline McDonald
Is it time for a market turn? What, if any coverages written in the London market are showing signs of firming?
Susanne Sclafane
During a week that had an abundance of news stories directly impacting property and casualty insurers, NU’s editors had a choice to make regarding what to feature on the cover of this edition.
William Wilt
The second round of P&C earnings reports for the first quarter reveal differing strategies for the challenging workers’ comp line, struggles for regionals and rising retention rates for many primary carriers. The last trend may suggest the market is bottoming, P&C Insurance Analyst William Wilt notes.
Susanne Sclafane
The recent earthquake and tsunami in Japan are spurring interest in the earthquake Difference In Conditions (DIC) product at V3 Insurance Partner, according to President and CEO Susan Rivera.
Mark your calendars! NU provides highlights of the upcoming Target Market Program Administrators Midyear Meeting in Boston.
Caroline McDonald
C-suite executives expect risk managers to better explain risks and solutions and become more involved and integrated in daily activities, according to a recent survey.
Arthur D. Postal
Whether State Farm captive agents will continue to be allowed to service flood-insurance policies currently placed through them will be on the agenda when the full House Financial Services Committee takes up legislation reauthorizing the National Flood Insurance Program (NFIP).
Susanne Sclafane
Using his firm’s scoring method to gauge insurers’ financial strength, ALIRT Principal David Paul notes that specialty-insurer composite scores are less volatile than composites for the entire commercial-insurance industry over the long term.
Mark E. Ruquet, Phil Gusman
Recent commercial-lines reports point to a slowing of the prolonged soft market, but experts are hesitant to declare the onset of a hard market or even to guess whether the price stabilization will last.