Surplus of Capital Continues to Temper Property Rates: Marsh December 19, 2013 The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance...
Agents Say Getting More Carriers to Offer ‘Real Time’ Is Among Top Tech Priorities December 19, 2013 The industry should place its highest priority on “getting additional carriers to offer real-time capabilities,” according to a survey of...
NICB: Florida Posts 23% Spike in Questionable Insurance Claims December 19, 2013 Florida’s questionable claims rose 23 percent from 2010 to 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012 Florida...
The Agency Manager-Employee Operations Gap and E&O Risk: Survey December 19, 2013 By Andrew G. Simpson Agency managers tend to have a rosier view of agency operations than their employees do, according to a survey that...
NICB: Questionable Insurance Claims on the Rise in New York, New Jersey December 18, 2013 New York State’s questionable claims rose 29 percent from 2010 to 2012, while New Jersey’s questionable claims were up 63...
Death Spiral Unlikely for Obamacare: Study December 18, 2013 By Jason Lange A threat to America’s health insurance overhaul has been that young people would not buy coverage in new marketplaces, possibly...
One-Fifth of Drinkers Admit Driving When Near or Over Alcohol Limit December 18, 2013 By Alexandria Baca A fifth of U.S. motorists who drink say they’ve driven at least once in the past year when they thought...
NICB: Massachusetts Posts 57% Increase in Questionable Insurance Claims December 17, 2013 Questionable claims in Massachusetts rose 57 percent from 2010 through 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012...
GEICO Passes Allstate to Become 2d Largest U.S. Auto Insurer: SNL December 16, 2013 Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer. According...
Health Care D&O Rates Rise Over Obamacare Antitrust Concerns: Marsh December 16, 2013 Health care organizations paid significantly more for their directors and officers liability insurance in the third quarter of 2013 amid...