National Underwriter Property & Casualty-September 26, 2011

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  • Obama Voices Support For House Plan To Cut NFIP Subsidies

    Arthur D. Postal

    After almost four years as an orphan, the National Flood Insurance Program is picking up some powerful parents. It is as if it has suddenly morphed from an ugly duckling into a beautiful swan. The reason is that the latest fashion in Washington is to bring in additional revenues without...

  • The Buddy System

    Bryant Rousseau

    On Sept. 19, I moderated a roundtable discussion with the winners of our annual Commercial Agency of the Year Award. (No, I cant reveal the winners yetyoull have to wait until next week, when we dedicate much of the issue to celebrating our champions and sharing their success secrets.)

  • Broker Performance Has Rebounded, But Will It Last?

    Brian Deitz

    After a couple of years of minimal (or even negative) organic growth and declining profit margins, insurance agents and brokers have put some halfway decent numbers on the board so far in 2011: Organic growth stands at 3.3 percent for the industry through the second quarter, and agents and brokers...

  • NICB: Questionable Claims Up In 2011 First Half

    Christina Bramlet

    The number of questionable claims (QCs) filed during the 2011 first half increased 4.5 percent compared to the previous year, according to a recent National Insurance Crime Bureau (NICB) analysis.

  • Hybrid Approach Helps Guard Against Terrorism Risk

    Caroline McDonald

    Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety (IBHS).

  • Lloyd’s Takes First-Half Loss On Cats

    Caroline McDonald

    Lloyds on Sept. 21 announced an interim loss before tax of 697 million ($1.12 billion at current exchange rate) for the 2011 first half, compared to 628 million ($980.3 million) in profit for the same period a year ago.

  • Gearing Up: Transportation Market In Transition

    Chad Hemenway

    Is the specialty-transportation market hard, flat or soft? It depends on who you ask as opinions vary widelygenerally a sure sign of a line whose pricing is in a time of transition.

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