The Atlantis Resort in the Bahamas provided a fitting setting for last month's annual convention of the American Association of Managing General Agents. As the stocked sharks and barracudas swam about in the resort's aquarium-like lagoons, the
Former New York Attorney General Eliot Spitzer (now the state's governor) probably has few friends among independent agents and brokers. His investigations of the insurance industry, starting back in October 2004, have led several insurance companies
NORMAN and Genevieve Broussard are among the hundreds, maybe thousands, of people in coastal Mississippi who returned to their homes following Hurricane Katrina and found nothing but a foundation. When they filed a claim with their insurer, State
This month, former New York State Attorney General Eliot Spitzer moved into his new digs in the Empire State's governor's mansion. But before stepping down as the state's top lawman, he added one more notch to his gun. Just a
"Crash on the levee, Mama,Water's gonna overflow."--Bob Dylan, "Down in the Flood." Not that insurance companies needed a reminder, but a Louisiana court ruling late last month underscored the fact that we have a long, long way to go before we
Here we are in November, and it looks as if the insurance industry is going to experience a 2006 hurricane season that is as mild as the 2005 season was wild. Unfortunately, that doesn't mean that agents in Southeast coastal areas will find much
WHOLESALERS and insurers attending last month's annual meeting of the National Association of Professional Surplus Lines Offices were given an optimistic assessment of the outlook for their top legislative priority, the Nonadmitted and Reinsurance
IF YOU want to know where the insurance market is headed, Frank J. Coyne, chairman, president and CEO of Insurance Services Office has some familiar advice for you: Follow the money. In this case, the money in question is insurers' surplus, or
IF YOU want to know where the insurance market is headed, Frank J. Coyne, chairman, president and CEO of Insurance Services Office has some familiar advice for you: Follow the money. In this case, the money in question is insurers' surplus, or
UNLESS you happen to be writing a lot of wind coverage in coastal areas, the hard market is little more than a memory. Increasingly, business is becoming more competitive, and this was reflected in the results of our 2006 American Agent & Broker