National Underwriter, Summit Media File for Bankruptcy

By | January 26, 2011

  • January 26, 2011 at 1:39 pm
    Karl Hampton says:
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    Wow, how times have changed over the last 25 years. I remember when the National Underwriter was the big guy. In fact I think they had a magazine that was printed on over-sized paper. Its sad, but not a surprise. Just like many of the national news papers National Underwriter was to slow to evolve and move to the internet. Hope the good people over there can hang in there and find new positions. Maybe at Insurance Journal?

  • January 26, 2011 at 2:05 pm
    Cheetoh Mulligan says:
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    Could be a monopoly for IJ!

  • January 26, 2011 at 2:27 pm
    GL Guru says:
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    Hold on, they just filed for bankruptcy, that does not mean they are gone. They could come out of it and generally the media industry is always on the verge of bankruptcy. Nothing new here.

  • January 26, 2011 at 3:13 pm
    Indie Agent says:
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    This is not surprising. Just look at the insurance market. I don’t think a single underwriter I work with has read the thing in at least three years.

  • January 26, 2011 at 4:14 pm
    Sam says:
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    Sounds like to me that an Insurance industry magazines should stay away from politics and report on industry related topics, instead of pushing a progressive agenda. IJ should take note.

  • January 26, 2011 at 5:15 pm
    GETREAL says:
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    Vote “LIKE” if you never got much out of Nat’l Underwriter, but more out of other publications.
    -Or-
    Vote “DIS-LIKE” if you actually did get a lot out of Nat’l Underwriter.

  • January 26, 2011 at 6:44 pm
    Meghan says:
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    What a self-serving story presented under the guise of being objective! Maybe you should focus on the real topics related to insurance and actually write something relevant instead of rewording a release from Folio.

    • January 26, 2011 at 7:42 pm
      Karl Hampton says:
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      Don’t think the bankruptcy of a 100 year old insurance publication is not news? Have you forgotten the importance the press plays in our industry? Its terrible news for the industry as a whole and should be reported on. Freedom of the press and the health of our press is vital to our unique economy.

  • January 26, 2011 at 7:47 pm
    Rick says:
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    I work for a competitor of both IJ and NU and I give IJ credit for running this story. FYI, Megan, Folio did not and would not issue a press release on this; Summit Business Media did issue one, from which the comments from Goodenough were taken. The bulk of this story is taken from the court filings themsleves. NU is a major influence in the industry and I don’t think this news should be ignored. At the same time, I wish NU well and think they will be fine, which is actually the tone of the whole first half of the article. It’s not easy reporting on the competition but I think IJ did a good job here.

  • January 27, 2011 at 9:48 am
    Laura says:
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    not surprised. We waste too much paper, printing, time and distribution costs to send information way too often, to industry people who are already overwhelmed with too much information. In today’s world, less is truly more.

  • January 27, 2011 at 3:31 pm
    InsPro says:
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    This makes me wonder if I should pay the annual renewal on the bulletins I buy from them. I wonder how reliable the service will be going forward?



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