News and information for property & casualty insurance agents and brokers on how to manage their agency, including agency marketing, prospecting, developing carrier relationships, claims handling, serving clients, and much more.
Even as some insurance industry bonuses draw criticism, Jack Windolf, the chief executive officer of Bollinger Insurance Solutions brokerage, is drawing national acclaim for dishing out $1,000 to all 434 company employees from his own pocket.
At a time when many are suffering from the collapse of financial institutions and other key sectors through no fault of their own, the insurance industry seems committed to greater opacity, and indeed, compounding the hardship of working families.
The good news for insurance brokers who place directors and officers liability insurance is that most insureds and carriers believe producers are positive and relevant factors in the resolution of D&O claims.
Between 1991 and 2004, U.S. insurers paid over $24 billion on asbestos claims, according to the Insurance Information Institute in a report published in October 2008.
National Underwriter is seeking entries for its third annual "Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compensation Insurance.
While insurance brokers say they are starting to detect signs of firming in the commercial insurance marketplace, buyers on average are still seeing premium rates decline.
Less than a month after Max Capital and IPC Re announced their boards had approved a merger deal, Validus Holdings presented the IPC board with a second offer to merge with the property-catastrophe reinsurer valued at $1.68 billion.
In case you haven't heard, we've relaunched the NU Web site under a new URL--www.Property-Casualty.com--complete with enhanced, multimedia options designed to give readers more opportunities to access our content and offer feedback.
Former American International Group Chief Executive Officer Maurice Greenberg arrived on Capitol Hill last week to tell a House panel how the government should fix AIG, but heard a congressman call him the wrong witness because of his own legal problems.