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Mark E. Ruquet
Dayton Beach, Fla.-based insurance broker Brown & Brown saw its net income rise 12 percent ($5.33 million) in 2012s third quarter to $49.5 million. Revenues were up 17 percent ($43.4 million) to $303.8 million.
Mark E. Ruquet
The Patient Protection and Affordable Care Act has brought a degree of uncertainty to property and casualty independent agencies sale of employees benefits, but some experts say it may also be a time of opportunity for them as clients learn to navigate the new health care benefits landscape.
Staff Writers
Severe tornado and hail events across the U.S. have significantly impacted the results of U.S. insurers (severe storms caused $25 billion in losses in 2011), leading them to re-evaluate coverage and pricing considerations and to look for products that specifically address these risks, says Christina Cronin, senior vice president of...
Anya Khalamayzer
The traditional defense-oriented, insurance-based role of the risk manager is giving way to an opportunities-driven approach linked to corporate strategya trend that is pushing risk professionals to seek continuing education (CE) courses teaching the business skills they need to stay competitive in todays market.
Greg Horn
While attending a recent car show, I came across a reproduction window sticker displayed in a mint-condition 1966 Mercury Marauder.
Chad Hemenway
Joe Plumerithe man who removed the door from his office to drive home his philosophy of transparency as he returned Willis Group to public ownershipis stepping down as chairman and CEO of the worlds third-largest brokerage.
Bryant Rousseau
Since 2004 Michael Miller has been president of Scottsdale Insurance, a leading E&S underwriter. Miller has 35 years of insurance-industry experience, with 26 of those years spent with Nationwide, Scottsdales parent company. Here he talks about the current market cycle, lines Scottsdale is targeting for growth, and why E&S carriers...
Bill Soldan
As an Aviation Insurance broker with more than 25 years in this specialized industry, Ive served as an Aviation resource manager at both boutique and international firms. And although the economy has caused a lot of hardship in the industry, its still a great specialty. In fact, your current clients...
Chad Hemenway
Specialty-insurer Alterra Capital Holdings tells investors it expects third-quarter catastrophe losses of between $10 million and $15 million.
Laura Mazzuca Toops
Recently I had the pleasure of speaking at the third annual WorkComp Advisory Groups Knowledge and Networking event. (The organization works with independent agencies to develop sales strategies, centered on but not exclusively targeted to Workers Comp.)
Phil Gusman
The last decade has been a rough one for regional insurers, judging by a Fitch Ratings performance review that shows regionals lagging behind other types of insurers in two key metrics.
Mark E. Ruquet
One of the major changes under the Patient Protection and Affordable Care Act (PPACA) will be the mandated creation of state insurance exchanges by 2014. The exchanges will be able to craft plans for individuals and small businesses that were previously paying higher premiums or unable to afford coverage.
Mark E. Ruquet
For P&C Agencies looking to expand into selling Life & Health, one alternative to hiring a full-time Life producer is working with a consulting firm.
Phil Gusman
The good news for insurance companies is that, in general, rate increases may have outpaced loss trends in this years third quarter. But the benefits to carriers may be offset by growing reserve pressures and the continued slow-motion collapse of investment income, according to new analysis by Keefe, Bruyette &...
Chad Hemenway
Rates for Excess/Umbrella Casualty coverage continued to rise in 2012s third quarter as more large companies faced increases, according to a new report from Marsh.
staff Writer
In a survey conducted by research and consulting firm Deep Customer Connections about carriers performance, 99 percent of independent agents and brokers polled reported that ease of doing business is critical in their choice of carriersand to that end, Acuity tops their list.
Bryant Rousseau and Chad Hemenway
NATIONAL UNDERWRITER had two reporters on site in Atlanta Oct. 8-10 at the National Association of Professional Surplus Lines Offices (NAPSLO) annual convention: Editor-in-Chief Bryant Rousseau and Chad Hemenway, senior editor, markets. Here are their reports from the show floor, along with comments from several NAPSLO board members on what...
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