Kevin McCarty began his career in public service in 1988 when he joined the Florida Department of Labor & Employment Security, quickly becoming an expert on workers' compensation issues. In 1991, he
Catastrophe risks can expect to see double-digit insurance premium increases through the rest of this year as underwriting capacity dwindles and the hurricane season approaches, an executive from Marsh said.
The insurance industry will need to improve risk management, technology and cost-cutting strategies to survive the "deepest financial crisis and recession in two generations," a consulting firm is advising.
Newark, Calif.-based catastrophe modeler Risk Management Solutions said last year's severe weather season can be expected to occur every four-to-five years.
Driven by recent market events, the insurance industry is increasing its focus on integrating enterprise risk management into its day-to-day activities--a movement that is creating new challenges for corporate insurance risk managers.
U.S. property-casualty insurers have weathered the global financial crisis well because of a superior risk management model, Robert Hartwig, president of the Insurance Information Institute, told an industry conference today.
What do you believe will be the most important events or major trends that will impact the E&S/specialty segment in 2009? How will each event or trend impact your business and the E&S segment
WHEN IT COMES TO selling real estate, the mantra is "location, location, location." The same could be said for selling property insurance on the East Coast, where the main determinant of pricing and availability also hinges on location:
State lawmakers rolled the dice in 2007 and expanded the size of the backup insurance the state provides to insurers as a way to control the prices of private property insurance. Their luck has held