Congress' failure to reauthorize the National Flood Insurance Program is hurting real estate markets and consumers and may cost taxpayers billions, trade groups have warned federal lawmakers.
After years of fighting between politicians and Florida's property insurers, it appears that the state's private carriers may be on the verge of getting the ability to raise their rates by a limited amount.
Property and casualty insurers could easily be trapped in the "wave of political populism" sweeping the country in the wake of the nation's economic and leadership crises, an insurer association leader warned.
Bank-owned insurance agencies' average total return on prior year value fell an annual 10.2 percent for the period ending June 30, 2009, according to Bank-Insurance Viability Index.
Property and casualty insurers could easily be trapped in the "wave of political populism" sweeping the country in the wake of the nation's economic and leadership crises, an insurers' association leader warned.
Property and casualty insurers could easily be trapped in the "wave of political populism" sweeping the country in the wake of the nation's economic and leadership crises, an insurers' association leader warned
Although insurance societies and associations always have provided the vital service of representation for their members, their presence today is more important than ever.
Janice M. Abraham, president and chief executive officer, United Educators Insurance, was elected chair of the Property Casualty Insurers Association of America (PCI) yesterday.
Insurance revenue at U.S. banks was off by $100 million in the first six months at $23.6 billion compared to $23.7 billion during the first half of 2008, a consulting firm reported.
The Program Productivity measure of how much insurance brokerage fee income is generated by each bank employee soared in the first six months of the year, a report said.