What Should Be on the P&C Agenda for 2013March 11, 2013Whether through formal committees or ad hoc work groups, P&C insurers should have these four topics featured prominently on agenda for 2013.
Allstate Says 95% of Sandy Claims Settled, but Rate Hikes LikelyFebruary 07, 2013Allstate Corp's quarterly profit
fell 45 percent on losses from superstorm Sandy, but the home
and auto insurer said it has paid out about 95 percent of Sandy
claims and is seeing rate increases across businesses.
Insurers' Performance On Sandy Claims: Good News And Bad NewsJanuary 18, 2013Insurers' claims systems appear to have been up to the challenge of handling Superstorm Sandy claims. The same can't always be said for the industry's leadership and communication, however.
Grading Insurers' Sandy Claims ResponseJanuary 18, 2013The picture of how well or how poorly insurers responded to Hurricane Sandy is complex. While some carriers did outstanding work, others were slow to respond, disappointing the public, agents and brokers. Some carriers' legalistic wrangling about claims ha
Lawsuit Against XL Proves CEO's Admonition CorrectJanuary 18, 2013The electric car company Fisker is suing its insurance provider, XL America, over issues the company's CEO recently warned threatened the insurance industry.
Sandy Dominates Conversation at P&C Industry ForumJanuary 16, 2013Both industry observers and industry participants spent a lot of time discussing Hurricane Sandy at this year's Insurance Information Institute Property/Casualty Joint Industry Forum.
Tech Vital for Insurers to Meet Equity Analysts' ExpectationsJanuary 15, 2013Technology is one of four key elements that both P&C and life insurers must get right to grow at the rates that equity analysts – and, by extension, the worldwide investment community – expect.
The Downside Of Enterprise Risk ManagementDecember 19, 2012As insurers get closer to managing risk across the enterprise, they could face some unexpected legal challenges.
How Insurers Can Prevent Post-Catastrophe BlowbackDecember 14, 2012The insurance industry's reputation is taking a post-Sandy hit as vocal policyholders express their opinions that their claims are undervalued. It's easy to prevent this.
Eyewitness to Sandy's Ravages in Northern NJDecember 04, 2012All over northern New Jersey downed, uprooted trees — and stacks of chain-sawed logs cleared from roads — remain in mute testimony of Superstorm Sandy's power.
N.Y. Governor Orders Insurers to Speed Up Sandy ClaimsNovember 30, 2012New York Governor Andrew Cuomo on
Thursday imposed emergency regulations on insurers to speed the
processing of claims from hundreds of thousands of state
residents whose properties were damaged or destroyed when
Superstorm Sandy struck a month ago.
White House Expected to Seek Billions in Sandy AidNovember 28, 2012The White House is expected
in the coming days to send Congress a multi-billion dollar
request to fund recovery from Superstorm Sandy, which caused an
estimated $71 billion in damages in New York and New Jersey.
Assessing the NFIP in Sandy’s Wake: Q&A with Rep. Earl BlumenauerNovember 15, 2012If Hurricane Katrina starkly exposed the fiscal inadequacy of the National Flood Insurance Program, Hurricane Sandy has only re-emphasized the need to maintain the momentum of reform in progress. Oregon Congressman Earl Blumenauer, a champion for reform of
