Research from the Association of British Insurers highlights the fact that the UK is the ‘Whiplash Capital of Europe’. According to the ABI “eight in ten personal injury claims following road traffic accidents are now for alleged whiplash, over twice …
The Paris-based International Chamber of Commerce announced the election of Harold McGraw III to become the ICC’s Chairman and Sunil Bharti Mittal to become Vice-Chairman, effective July first. The current ICC Chairman, Gerard Worms, will become ICC Honorary Chairman. Harold …
San Diego, CA, 04/22/13 – American Claims Management, Inc. (ACM), a national third party administrator, has expanded its Personal Property claims administration with Centauri Specialty Insurance Holdings, Inc. (Centauri). “ACM is thrilled to continue our expansion with the Centauri team. …
A reworking of a key piece of the workers’ compensation rating formula isn’t changing rates overall but is changing premiums for most insureds, according to experts. Tony DiDonato, director and senior actuary at the National Council on Compensation Insurance, said …
In 2012, intermodal container volumes rose by 5.9 percent over the previous year with 13.1 million moves, according to the Intermodal Association of North America’s “Intermodal Market Trends & Statistics” report. That number surpassed the previous benchmark year of 2007 …
Mobility technology is changing the way the insurance industry operates. And when it comes to working on the go, nothing is as important as mobile device applications. But what apps do independent agents use most? What apps are the most …
No one, least of all the insured, likes a price increase. But with the D&O market firming across the board – as confirmed by the Towers Watson “2012 Directors and Officers Liability Survey” released in March – businesses are likely …
The traditional business plan includes short-term and long-term goals, and projections. But how do you plan when you can’t guess what will happen? Some things are shifting faster than you can keep up with, while other things can drastically change …
If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top of the list. The lack of standardization of …
After a record-setting year-end, 2013 started off with a whisper. First quarter merger and acquisition activity slowed to 37 announced transactions between January and March, down from 67 the prior year. Buyers were busy digesting their December acquisitions spurred by …
