Columns
The year is well underway, goals are set and activity generated toward achieving those goals has begun....
April rings in the glorious season of spring—out with the old and frozen, in with warmth and the newness of rebirth....
Carrier Relationship Mismanagement (CRMM) is practiced every day by 90 percent of agencies and brokers. That’s the bad news. The good news is it leaves the door open for a lot of opportunity....
It’s officially spring. The swallows have returned to Capistrano, the independent insurance agents have lobbied Capitol Hill and here in Chicago, we’re hoping that baseball’s opening day doesn’t bring snowfall....
The business of insurance always has been competitive....
The insurance industry has been beset with the need for transparency. ...
A recent study by a well-respected insurance investment banking firm reported that merger and acquisition activity was off some 40 percent in 2009....
Never underestimate the political advantage of beating up on the insurance industry. ...
Departments
Priding itself on a strong mother-daughter partnership and providing balance between home and work accessibility for its employees, LMG Insurance Services Inc., Suwanee, Ga...
Consider the wildfire that burned last summer in La Cañada Flintridge, a suburb just 12 miles north of downtown Los Angeles....
The ongoing struggle to preserve maximum underwriting freedom for insurers continues, with approximately 16 states (to date) considering new legislation to prohibit insures’ consideration of consumer credit information. ...
The federal-taxpayer funded WTC Captive Insurance Co. reached a $657 million injury settlement with workers involved in the World Trade Center cleanup and rescue activity....
Swiss Re said worldwide natural catastrophes and man-made disasters, which killed 15,000 people last year, cost insurers $26 billion, $26.5 billion less than the firm reported for 2008. ...
The default rate for commercial mortgages more than doubled to 3.8 percent, from 1.6 percent a year earlier, according to a report from Real Capital Analytics. ...
The Reinsurance Assn. of America (RAA) reports that the amount of U.S. property-casualty reinsurers’ net premiums written remained flat last year at $23.906 billion....
The announcement by federal authorities that traffic fatalities reported at the end of 2009 reached the lowest level since 1954 has little impact for auto insurers, an expert in the field said....
Foodborne illnesses cost the U.S. $152 billion in health-related expenses each year, more than previous estimates, according to a recent study. Overall, foodborne illness costs related to produce were responsible for $39 billion of that total....
Everybody in our industry has heard of the professional designations such as CPCU, CLU and CIC. But I’ll bet that nobody has heard of the Insure and Ignore Club....