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Arthur D. Postal
Extension of the National Flood Insurance Program (NFIP) could be complicated by the decision of members of the Senate Banking Committee to provide bipartisan support for adding a provision in the NFIP that would split the difference on the sensitive wind-vs.-water issue.
Chad Hemenway, Phil Gusman
Recent Hurricane Irene estimates put U.S. insured losses between $1.6 billion and $6.6 billion.
Bryant Rousseau
All publicity is good publicity, the saying goes. Somehow, I bet the employees of AIG would beg to differ with that statement.
Mark E. Ruquet
A beleaguered Texas continues to battle new outbreaks of wildfires across the state, and the Insurance Council of Texas says losses could reach a quarter-billion dollars as the number of homes lost rises to close to 2,000.
Mark E. Ruquet
With global gross-written premiums (GWP) for the P&C insurance industry standing at $1.15 trillion, the United States still ranks No. 1 in premium volume, but expansion of the marketplace remains a challenge for insurers, according to Aon Benfield.
Mark E. Ruquet, Phil Gusman
A recent survey of commercial insurers indicates rates are beginning to harden, but brokers speaking at the Reinsurance Rendezvous in Monte Carlo paint a picture of an uncertain market, particularly for reinsurers, and of executives searching for direction on how to be profitable.
Mark E. Ruquet
To say the past few years have been a challenge for mutual insurers would be an understatement with as theyve dealt with an almost decade long soft market, a prolong economic downturn and record catastrophe numbers this year.
Chad Hemenway
Medical-malpractice insurers are enjoying profitable results, even though rates are decreasing. Its a good time to be in this line of business, says Robert Allen, senior vice president of medical-professional liability for Torus.
Chartis CEO Charts Peter Hancock discusses weathering the bailout of AIG, talent-retention, growth opportunities and the benefits of being big.
Buyers and brokers discuss doing business with Chartis three years after the government bailout of its parent company, AIG.
Chad Hemenway
In the view of industry analysts, Chartis is moving in the right direction, but theres still a lot of fixing to do,
Richard Roy
Providing clients with on-demand policy and account access is key to providing customers the kind of 24/7 service they have come to expect in this age of electronic connectivity. By creating such an online connection with both personal and commercial policyholders, agents can boost customer satisfaction as well as client...
Phil Gusman
Specialty insurers increased premium at an average 4 percent annual-growth rate over the past five years, beating the industry average, which remained close to flat over that time, a Conning Research & Consulting report says.
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