States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make that statement do so with a quick …
In today’s steady economy, equine insurance could be one of the best markets you’ve never thought about tapping. Then again, if you don’t know the front end of a horse from the back, it could also be the toughest. Equine …
On its surface, a March 29 Texas Supreme Court ruling could look to some as though the court is in favor of employers opting out of the state’s workers’ compensation system. But upon closer inspection, it is clear that the …
U-Haul companies have agreed to stop selling insurance products in Texas until they are licensed by the Texas Department of Insurance. The agreement with Attorney General John Cornyn’s office follows two suits filed against the truck rental company and their …
It’s been 10 years since legislation revamp the Texas workers’ comp system. Most insurers, regulators and legislators agree that the system has improved dramatically, but they also say there is still room for improvement. The big fix In 1987, the …
Circumventing independent agents. Under-mining agents’ sales. These are phrases that don’t set well with SAFECO CEO Mike McGavick. And it’s no wonder. Appointed as the man to turn the struggling Seattle-based insurer around, McGavick certainly doesn’t want agents to be …
The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to support low-limit/short-tail policies, made the segment so attractive …
Circumventing independent agents. Undermining agents’ sales. These are phrases that don’t set well with Safeco CEO Mike McGavick. And it’s no wonder. Appointed as the man to turn the struggling Seattle-based insurer around, McGavick certainly doesn’t want agents to be …
The NONSTANDARD AUTO MARKET gets ready for action that will include increased RATES, risking LOSSES and overall market VOLATILITY. The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the …
The media reports have died down since the Feb. 6 ruling that the United States was in violation of the North American Free Trade Agreement by disallowing Mexican trucks free access to American roadways. The work has just begun, however, …
