Mergers & Financial
-
Insurance M&A Landscape, Part 1: Today’s Opportunities
There are merger opportunities in today’s economy for some companies, although conditions are not ideal. In Part 1 of this podcast, two experts from the global professional services firm Towers Watson share their perspectives on today’s M&A landscape and what is happening in the P/C industry today. From Towers Watson in Philadelphia is Bruce [...]
-
How Some Florida Property Insurers Manage to Succeed
About 50 Florida property insurers reported losses in 2009, even though there was no major storm. But that also means there were at least as many not losing money. What do they know, what are they doing, that the others aren’t? Insurance Journal’s Andy Simpson asked Kevin McCarty, insurance commissioner; James Graganella, president/CEO, Southern Fidelity [...]
-
Insurers Can’t Count on Investments, Advises III’s Hartwig
Property/casualty insurers’ investment income has been down and it isn’t going up any time soon, according to Dr. Robert Hartwig, president and economist for the Insurance Information Institute in this interview with Insurance Journal’s Andrew Simpson. How will insurers perform and price products in this environment and will regulators take note? Hartwig also discusses the [...]
-
CEO Motamed Says Changes Underway at CNA
Thomas Motamed joined CNA Financial as Chairman and CEO in January, 2009 after 30 years at Chubb Corp. In this interview, he talks about the changes he has in store at CNA.
-
P/C Insurance & the Economic Recovery
This recession certainly has kept economists busy. None busier, perhaps, in the insurance industry, than Dr. Robert P. Hartwig, CPCU, president and economist at the Insurance Information Institute. He has spent the last year or two explaining economic indicators and their impact on the property / casualty insurance industry. Insurance Journal’s Andy Simpson caught up [...]
-
Playing the Cross-Over Game
The soft market’s effect on the economy has forced many standard market insurers to make adjustments in the way they compete for business. This currently includes writing risks that they usually would avoid. James Carey, CEO of Admiral Insurance Co., explains his firm’s reaction to this trend and gives advice on how to [...]
-
Buyouts in Hindsight
Just a few years ago, amid strong profits and solid premiums, the private equity world was keen on getting into the insurance industry. But that was then. Now, given the soft market and the current difficulties of the down-cycle, those moves by private equity firms, banks and other non-traditional buyers in the early part of [...]
-
Smart Growth in the P/C World
Being too big to fail is not really an issue in most of the property/casualty business, says Bob Restrepo, CEO of State Auto Insurance, a super regional carrier that is looking to grow and balance its personal and commercial book. Restrepo discusses growth and the pricing, acquisition and competitive environment in these excerpts from a [...]
-
What AIG Means for the Future of State Regulation
Proponents of federal regulation say the recent $85 billion bailout loan for American International Group demonstrates the need for federal oversight of the insurance industry. But in these exclusive interviews with Insurance Journal’s Ken St. Onge, top regulators from Wisconsin, Maine, Pennsylvania, Ohio and Florida argue that the reason AIG remains is because its insurance [...]
-
The AIG Effect on States
Cash flow problems have nearly crippled mega-insurer American International Group in recent weeks, forcing the company to take an $85 billion loan from the federal government. Now, attention remains focused on how AIG’s problems will affect insurers in individual states. Recently, the top insurance regulators from Kentucky, Mississippi, Oregon, Arizona and Connecticut sat down with [...]
-
Exclusive Video Interview with William R. Berkley, Take 3: Personal Lines, Politics and Florida
William R. Berkley, founder of W.R. Berkley Corp., discusses his firm’s 1999 decision to get out of personal lines and how it is managing the property insurance situation in Florida in this excerpt from an exclusive video interview with Insurance Journal.
Watch the entire interview. -
Exclusive Video Interview with William R. Berkley, Take 2: Diversity and decentralization
William R. Berkley runs his giant insurance holding company of diverse specialty and regional insurers a lot like a family business where the parents trust their kids to behave. Diversity and decentralized management have worked well for W.R. Berkley Corp., the founder notes in this excerpt from an exclusive video interview with Insurance Journal.
Watch the [...]
-
W.R. Berkley Interview: Delivering Results through Diversity and Decentralization
An Insurance Journal Exclusive Video Interview with William R. Berkley.
-
Exclusive Interview with William R. Berkley: Take 1- Why this cycle is different
Every cycle is different, says William R. Berkley, and the current one has its own unique features. The founder of the giant insurance holding company that bears his name explains why this cycle is different, discusses the incursion into surplus lines by standard carriers, and offers his outlook for 2008, 2009 and 2010 in this [...]
-
Mass. Commissioner Burnes: Effect of Managed Competition on Mass. Agents
Massachusetts regulator Nonnie Burnes
Featured
-
Lobbyist Norwood Looks Ahead to 2012 in Legislature
John Norwood, principal of Norwood & Associates, has a career in political work dating back to the early 1980s, and he’s one of the state’s best known lobbyists in the insurance and financial services sectors. Norwood talked about workers’ compensation, and other legislation and regulation matters that the insurance industry will face in 2012, including [...]
-
Norwood on Workers’ Comp
John, principal of Norwood & Associates, has been an lobbyist for insurance and financial services sectors across several decades. Norwood offered a focused looking at the all-important workers’ compensation issue, and he gave his thoughts on health insurance exchanges. In fact, Norwood forecast that 2012 will rank as an important one when it comes to [...]
-
Lobbyist Norwood Analyzes Consumer Watchdog Legislation
John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood spoke to the Insurance Journal about legislation and regulation, including a proposal by a consumer advocacy group that would establish prior approval for healthcare insurance and would make major changes to auto insurance and homeowners insurance in [...]
Popular
-
Entrepreneurial Technologists
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
-
How Insurance Distribution Is Changing
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
-
Interesting Times in Medical Liability
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
-
Pat Ryan Asks, ‘Are You Happy?’
Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to launch Ryan Specialty Group in early 2010. Success lies in hiring “good people,” Ryan says. In this interview from the annual National Association of Surplus Lines Offices (NAPSLO) annual convention in San Diego, Ryan says his newest venture gave [...]
Random
-
Developmental Disability Facilities
Workers’ Comp, Abuse & Molestation, GL, Umbrella, Auto Commercial-Standard, Blanket Additional Insureds, Real & Business Personal Property, Misc Professional Liab
-
Maryland – Steven Orr: Defense and Offense
Maryland Insurance Administration chief Orr defends one of his state’s domestic insurers,
-
What’s Keeping D&O Clients, Brokers Awake At Night
Securities class actions are not the only worry for Directors & Officers Liability clients and brokers today. They are also being kept awake by expected bankruptcies, heightened regulatory action and even foreign practices, Denise Amantea, a partner with Woodruff Sawyer Insurance in San Francisco, tells Insurance Journal from the 2009 Professional Liability Underwriting Society (PLUS) [...]
-
Auto Body Shops v. Insurers Sparks Regulator Stress
A contentious and political issue brewing in Nebraska is the airplay between auto body shops
- Copyright © 2012 Wells Publishing, Inc. All rights reserved.