Swiss Re’s CEO said recently that with combined ratios steadily improving and growth opportunities continuing to emerge, prospects look positive for the Property/ Casualty reinsurance market. John Coomber joined other Swiss Re executives to discuss the state of the reinsurance …
Agents and brokers called Washington, D.C. home for several days earlier this month as they brought a number of industry issues with them to the 27th National Legislative Conference. As Jeff Myers, Independent Insurance Agents & Brokers of America (IIABA) …
The relationship between program carriers and program administrators or managers is fundamental in determining the success of particular program. With the hard market still going strong, the programs marketplace has not seen any loosening either. Developing a good rapport between …
The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has placed entertainment risks for 10 …
Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on. From studies to hearings, the issue has soared to become one of the top three or four issues in the …
An overwhelming 84 percent of professional risk managers think risks to their organizations’ operations have not increased at all or have increased only slightly since the start of the U.S. war with Iraq last month, according to a survey by …
The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …
In these days of sky-high premium rates a sales person needs an edge when trying to close a sale. Many firms are adding extra services to woo new clients and retain the existing ones as well. These ideas are great. …
Ana Rosa Pena, 54, and Juan Pena, 65, were arrested in San Dimas, Calif. Rosa Pena was charged with one count of Preparing Fraudulent Documents, three counts of perjury, and one count of grand theft. Juan Pena was charged with …
Samuel Tufino Machado, 22, also known as Salvador Castaneda, was arrested and booked into the Sacramento County Jail on two felony counts of insurance fraud with special allegations that the crimes were committed while he was out on bail. If …
