Brand Management & Sales
House Passes Flood Insurance Bill; Key Senators Sign On
The U.S. House of Representatives Tuesday evening passed bipartisan legislation to curb some of the premium increases in the nation's flood insurance program that have been causing "sticker shock" ...
India Opposition Party Vows More Foreign Investment in Insurance
India's opposition Bharatiya Janata Party will consider raising the cap on foreign investment in the insurance sector from the current level of 26 percent if it comes to power after elections due by ...
New Esurance Tool Predicts Direction of Gas Prices
Esurance, the direct-to-consumer insurance company, announced the launch of Fuelcaster on Tuesday—a free online tool that predicts whether gas prices will rise or fall. Fuelcaster empowers ...
Guy Carpenter’s Satellite Imaging Service Assisting Insurers with UK Floods
Reinsurance specialist Guy Carpenter & Co. recently launched a satellite-based catastrophe evaluation service, GC CAT-VIEWSM, which it is already using to provide clients affected by the recent ...
Most Profitable Insurer Piggybacks on Bank Sales Channel
BB Seguridade Participacoes SA's strategy of piggybacking on its corporate parent's 5,400 bank branches to sell policies is making it the world's most profitable insurer. The company will post a 44 ...
Vermont Hopes LIMA Law to Attract Runoff Business Mirrors Success of Captives
A new law in Vermont would soon authorize the state to license and regulate specialized Vermont-based companies whose only purpose would be to assume and manage closed blocks of non-admitted ...
Trust in Buffet Trumps Disclosure in Berkshire’s Annual Reports
For years, chemical maker Lubrizol filed annual reports with securities regulators that ran 80 pages or more, detailing everything from its inventory to pension obligations. Today, investors would ...