Content from Susanne Sclafane
Is Homeowners Insurance An ‘Epically Disastrous’ Business?
At a conference where industry experts bemoaned the low level of overall returns for the property/casualty industry across all lines, they reported even bleaker numbers for homeowners insurers, ...
Smartphones Could Replace Black Boxes for Auto Rating
The next steps in applying telematics to auto insurance pricing could involve using your smartphone to track your driving behavior, an insurance actuary said recently. During a presentation at a ...Lucky Or Smart? Experts Weigh In On P/C Industry’s Sandy Impact
While a rating agency analyst contends that good risk management is protecting insurers as they face a new normal level of catastrophe losses, other experts believe luck is playing a bigger role than ...NOAA Exec Outlines Flood Claim Challenges, Warns On Storm Surge
A mandate prescribed by the Biggert-Waters Flood Insurance Reform law is a major challenge for a federal weather agency, an executive of NOAA revealed at an insurance conference recently. Edward ...
Construction Sector On The Mend; Private Projects Leading The Way
In addition to providing a bullish forecast on the U.S. energy sector, an insurance industry economist predicts better times ahead of commercial insurers with premiums tied to the construction and ...Move Over Saudi Arabia; U.S. To Lead In Oil Production, Hartwig Says
Commercial insurers scoping out industries and regions with the most economic growth potential should look to the energy sector and the Dakotas to boost their top lines, an insurance industry ...
It’s Ridiculous! Top 10 Abuses Of The Legal System
In late December, the U.S. Chamber of Commerce Institute for Legal Reform announced its list of the Top 10 Most Ridiculous Lawsuits of 2012: Intoxicated Florida driver pleads guilty to manslaughter, ...
Single-Digit Price Hikes No Panacea, Dowling Says
While property/casualty insurers may find comfort in reports from various pricing monitors revealing slow but consistent rate jumps over the course of 2012, investors see a different picture, ...