No other company is as aptly named as Progressive Insurance, which for the last 50 years under the leadership of Peter Lewis has been remarkably ahead of the insurance-industry curve in implementing game-changing business practices.
AT 87, AND WITH his place in the history of insurance secure, Hank Greenberg certainly deserves a little time off. But that fits neither his personality nor his plans.
Competition in the product-recall arena is heating up, and not because the economy is encouraging consumption. Rather, increased product scrutiny across markets is giving headaches to nearly every industry but insurance.
The contributions of the figures selected as the industrys Top 25 Living Legends to P&C insurance have been epic, monumental, and are sure to be discussed and studied for decades to come. Each profiled visionary has fundamentally changed the way insurance is done, likely forever.
Interest in Product Recall and Liability insurance is rising among companies in the U.S., especially as supply chains grow ever more global, thereby exponentially increasing exposures to manufacturing and distribution problems.
A four-day conference of 80 business leaders and risk decision-makers from around the world met in Dubai earlier this month to discuss the best practices and latest trends in implementing enterprise risk management in the region.
A four-day conference of 80 business leaders and risk decision-makers from around the world met in Dubai earlier this month to discuss the best practices and latest trends in implementing enterprise risk management in the region.
Insured losses from a Texas hail storm June 13 could be higher than the $400 million in losses estimated from early April tornadoes in the Dallas-Fort Worth area.
Insured losses from a Texas hail storm June 13 could be higher than the $400 million in losses estimated from early April tornadoes in the Dallas-Fort Worth area.