Agency Management

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.

It's time for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for NU's "Commercial Insurance Agency Of The Year" award program for 2009.

Rather than just steering business to carriers that offer the lowest price or highest compensation, it turns out the closer a carrier's relationship is with its independent agents, the more auto and homeowners insurance producers will send its way.