Features
Berkshire Hathaway Specialty Emerges as Serious Player in 2013
The year 2013 has been quite eventful for Berkshire Hathaway Specialty Insurance (BHSI)—or half of a year, anyway. Since opening its doors for business in June with much fanfare, the new venture ...
Inga Beale: The Backstory of Lloyd’s Incoming CEO
Official biographies of Inga Beale, who became the first woman to lead Lloyd's as CEO on Jan. 1, reveal her prior leadership of a struggling Converium in the 1990s as a milestone of her career. But ...
CEOs Hurt Firm Performance By Overstaying Their Welcome: Study
The longer CEOs stay in power, the more likely chief executives are to limit outside sources of market and customer information, ultimately hurting firm performance. A new study suggests that most ...
Q&A: Liability Insurance and Admitting Wrongdoing in SEC Settlements
Earlier this year, the U.S. Securities and Exchange Commission reached a settlement with New York-based hedge fund adviser Philip A. Falcone and his advisory firm Harbinger Capital Partners. The ...
Program Segment an Opportunity for Carriers with the Expertise and Focus
With a faster rate of growth than the overall property/casualty insurance market, the commercial program business segment can deliver true benefits for a carrier that dedicates the time and resources ...
That ’70s Show: Obamacare Takes Federal Black Lung Claims Back in Time
Tucked into amendments to the Patient Protection and Affordable Care Act (PPACA) are two unexpected provisions that put casualty insurance carriers on the hook to pay Black Lung benefits on claims ...
Carrier Disintermediation of Agencies
A multitude of forces are causing many carriers to think of ways to disintermediate agencies. Health care reform is one. Some benefits carriers have cut commissions to 0 percent and agents are still ...
Pacific Specialty’s CEO: Working Within Limits, Re-engaging Independent Agents
When employees of Pacific Specialty Insurance Co. bemoan the fact that they don't have a ton of money to spend on sales and marketing to generate growth, the CEO does not promise to find more ...