National Underwriter Property & Casualty-October 10, 2011

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  • Man In The Middle

    Bryant Rousseau

    If Im not mistaken, the first time I encountered the word disintermediation was in 1997. At the time, I was covering the corporate travel and meetings industry, and the term was used by a self-styled tech visionary who was predicting the imminent demise of agents and brokers who handled corporate-travel...

  • Rain, Snow, Wind Drive N.Y. Weather Agency

    Caroline McDonald

    Managing general agent Patricia Sleicher thinks she has the most interesting job in the industry: insuring events of all descriptions and sizes, in all locales, against weather disruptions.

  • Flexibility Is Key To Midland Management’s Success

    Nina Lill

    Andy Ray, an underwriter for Midlands Management Corp., is accustomed to being flexible when it comes to serving clientsflexible in the most literal sense. Hes worked on policies insuring commercial vehicles that have had their drive shafts transferred from the vehicles left to right side for Indias...

  • U.S. P&C First-Half Net Income Dives 67%; Market Stable But Not Hardening

    Phil Gusman, Mark E. Ruquet

    Catastrophes caused significant 2011 first-half underwriting losses for U.S. property-and-casualty insurers, driving the industrys net income for that time period to $6.9 billiondown 67 percent relative to the year before, according to an A.M. Best special report.

  • Cyber Liability Represents A New Frontier For Horizon

    James Murdock

    When the Sun Belt states white-hot construction market evaporated, Horizon E&S Insurance Brokeragewhich counted this sector among its business stapleslooked to diversify its client base and lines. Cyberspace recently emerged as a lucrative new frontier for the California-based managing general agen

  • New Options Emerge On The Specialty Distribution Road

    Chad Hemenway

    The never-ending search for a silver bullet that will generate growth and put more money into company coffers during a soft market has led some specialty carriers to rethink the entire wholesale-distribution system.

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