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In personal-lines insurance, particularly in the highly commoditized world of Personal Auto, carriers offering direct-to-consumer sales via the Web have achieved what the Independent Insurance Agents & Brokers of America (IIABA) characterizes as “unmistakable” success.
Meet the winners of the sixth annual “Awards for Excellence in Workers’ Compensation Risk Management”: Limbach Facility Services, a mechanical design and construction contractor; Kelly Services, the staffing-solution provider; and Vestas-American Wind Technology, which manufactures and services wind turbines.
From hamster balls to wall-to-wall trampolines, family entertainment centers look for new ways to attract more people looking to have fun. But that fun comes with risks that come at an increasingly costly price to insure.
Catastrophe losses were primarily to blame for NU’s Top 100 insurance groups posting a 110 combined ratio, despite an overall increase in net premiums written.
Despite 2011’s huge catastrophe losses, abundant reinsurance capacity is largely keeping price increases at bay.
Standard carriers that looked where they normally wouldn’t for premium during the soft market are throwing the risk back into the ring for excess carriers.
Public-sector risk managers look to such options as public-private partnerships and Workers’ Comp-reduction programs, in order to make the most of their limited budgets as the economy slowly recovers.
From a single-owner-operated company to one with a payroll as high as $10 million, carriers (and plenty of them) in the small-business segment are fluid, adjusting constantly to emerging risks for businesses with naïveté—and without risk managers.
The sun shone on Bermuda’s reinsurers during the first quarter of 2012, but regulatory changes and cat losses still lurk in the water.
As the health-care industry anticipates a shortage of professionals and prepares for the uncertainties of government reform, risk managers in this sector discuss some of the challenges that lie ahead.
An increase in cyber risks provides more opportunities for insurers to create new products and educate policyholders.
Avoid liability in connection with your year-end celebration.