State government and physician’s organization statistics cast doubt on the notion that many doctors have left Pennsylvania because of rising malpractice premiums, a newspaper reported. Insurance department figures on applications for money allocated for relief of malpractice premiums fail to …
The last few weeks have seen progress on two fronts in the campaign to change the way Massachusetts handles high risk drivers. One one hand, a new plan that limits the number of carriers servicing the commercial auto high risk …
Independent agents rule. This was again confirmed by the latest report from the Independent Insurance Agents & Brokers of America (IIABA) on market share. Independent agents dominate in commercial lines, writing more than 79 percent of the market nationwide. In …
If anyone harbors doubts that the insurance industry runs in cycles, they should examine Lloyd’s of London. It’s been through more cycles in its 316 years than any insurer. Some of the lowest points occurred relatively recently. In the late …
Both the commercial and personal lines property/casualty markets grew significantly in 2002 creating opportunities for each of the three major distribution systems: independent agents and brokers, captive agents, and the direct response companies. The larger the market share in a …
S&P affirmed its “BBB” counterparty credit and financial strength ratings on Atlantic Specialty Insurance Co. and removed these ratings from CreditWatch. These ratings were subsequently withdrawn at the company’s request. This action follows completion of the sale of Atlantic Specialty …
S&P Ratings Services affirmed its “A” counter-party credit and senior debt ratings on Warren, N.J.-based Chubb Corp. In addition, S&P affirmed its “AA” counter-party credit and insurer financial strength ratings on Chubb’s operating companies. The outlook is stable. Reportedly, the …
Like sands through the hourglass, so are the days of our lives.” With those melodramatic words, the longest-running soap opera in TV history has tried to impart an air of gravitas to the beginning of each episode. Life is short, …
Here is a pop quiz. Who is your target market? If you answered with a specific list of target markets take one step forward. If you said you are a generalist wait to the end of the article before you …
Auto, home and small business policies are virtually identical, according to most of the people who buy them. It doesn’t take a huge investment in market research to learn this, just some time in the field. So, what can you …
