Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
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...
IIABA president: contingency commission crisis threatens agents
Nov 20 2006 // For a small- to mid-sized 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...
Improving efficiency and valuation through automation and outsourcing
Nov 20 2006 // Revenue growth, the quality of a book of business, the caliber of producers, strategic drivers and the overall level of client service — these are the typical considerations that affect an agency’s...
Understanding D&O risks, exposures and insurance options
Nov 19 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 19 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...
IIABA president: contingency commission crisis threatens agents
Nov 19 2006 // For a small- to mid-sized 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...
Improving efficiency and valuation through automation and outsourcing
Nov 19 2006 // Revenue growth, the quality of a book of business, the caliber of producers, strategic drivers and the overall level of client service — these are the typical considerations that affect an agency’s...
Zurich Reports ‘Excellent’ 9-Months
Nov 16 2006 // Zurich Financial Services Group reported continued strong operating performances in all business segments, which “generated a record business operating profit and net income for the nine months to September 30,...
Hannover Re Posts $486 Million Half-Year Net Income
Nov 15 2006 // Germany’s Hannover Re joined the expanding list of large reinsurers who are having a pretty good year due to the decline in natural catastrophes. The Group earned €380 million ($486 million) in the first six months...
Munich Re Tells UNEP Conference $1 Trillion Loss Year Possible
Nov 15 2006 // Dr. Thomas Loster, a geographer who advises the Munich Re Foundation, told those attending the current United Nations Environment Program (UNEP) Conference in Nairobi that, “Most insurance and re-insurance companies...
