Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
LIG Marine Loss of Hire Program Helps Owners of Damaged Vessels
Dec 20 2006 // LIG Marine Managers has released a new Loss of Hire Program designed to pay for continuing expenses and loss of profits to vessel owner clients while their vessels are unable to work after a claim. Similar to Business...
ACE Details Brandywine Loss Reserves
Dec 18 2006 // ACE Limited has published additional details from the annual internal and biennial external reviews of the Company’s Brandywine run-off loss reserves, including asbestos and environmental liabilities. The details are...
NCCI Proposes Increase for Workers’ Compensation Loss Costs
Dec 15 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs, according to Nevada Insurance Commissioner Alice...
Conn. Approves Slightly Lower Workers’ Comp Loss Costs
Dec 15 2006 //
Bolton & Co:Providing resources for customers produces profits
Dec 11 2006 // Developing a Web presence is not the primary focus at Bolton & Co. Insurance Brokers — developing the skills of employees and building relationships with customers is the chief concern. After all, when employees...
Understanding D&O risks, exposures and insurance options
Dec 11 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
N.Y. auto profits hit
Dec 11 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson Jr....
Conn. pursues loss mitigation, market alternatives for coastal homes
Dec 11 2006 // Home insurers in Connecticut may no longer require permanently installed storm shutters as a condition for writing or renewing policies but must offer consumer choices of loss mitigation controls and deductibles, according...
Understanding D&O risks, exposures and insurance options
Dec 10 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
Five keys to captive success
Dec 10 2006 // Whether you’re talking about road contractors or hospitals or agents and brokers, every organization has in-house expertise. And you want to use it. You need to bring members together to share best practices. The...
It’s ‘haves’ vs. ‘have-nots’ in insurance technology race for survival
Dec 10 2006 // News Currents Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data...
Bolton & Co: Providing resources for customers produces profits
Dec 10 2006 // Developing a Web presence is not the primary focus at Bolton & Co. Insurance Brokers — developing the skills of employees and building relationships with customers is the chief concern. After all, when employees...
Marsh CEO Expects More Than 5% Revenue Growth
Dec 8 2006 // The chief executive of Marsh & McLennan Companies Inc., the nation’s largest insurance brokerage, said this week that the management team would recommend that the board of the nation’s largest insurance...
Pa. High Court Revives Suits on Non-Profit Insurers’ Surplus
Dec 4 2006 // Pennsylvania’s highest court has breathed new life into lawsuits that ask the state’s four nonprofit Blue Cross and Blue Shield insurers to use some of their cash surpluses to lower health-insurance...
N.Y. City Comptroller Hits Auto Insurers’ Profits; Insurers Hit Back
Nov 30 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson,...
Health Care Premiums Outpace Oklahomans’ Earnings
Nov 29 2006 // The cost of health insurance for Oklahoma families rose more than four times faster than their wages over the last six years, according to a new study. The report released by Families USA, a nonprofit health care consumer...
Modeler RMS Reaffirms Hurricane Loss Projections Through 2011
Nov 22 2006 // Hurricane loss modeler Risk Management Solutions (RMS) has reaffirmed its medium-term five-year view of landfalling hurricane risk for the period of 2007-2011. The company is projecting higher modeled annualized insurance...
IIABA president: contingency commission crisis threatens agents
Nov 20 2006 // For a small to midsized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also...
Understanding D&O risks, exposures and insurance options
Nov 20 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
Burden of proof to determine insurance coverage in ‘slab’ case
Nov 20 2006 // When asked to determine coverage under an insurance policy, courts frequently recite the principle that the insured has the burden of proving coverage under the policy and the insurer has the burden of proving exclusions...
