Underwriting & Pricing
Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power
Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down in 2013 from an all-time high in 2012, but remains ...
Will Solar Panels Fuel New Wave Of Construction Defect Litigation?
The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector's rapid growth has led to an oversupply of solar panels, which has turned up the heat on ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...
Property Insurance Market Eyes New Entrants—From China, Berkshire
Industry executives speaking at an insurance conference recently discussed the potential market impact of the newest entrants to the U.S. property insurance market, with Chinese companies getting as ...
Chubb Must Face Bear Stearns Lawsuit Over SEC Settlement Coverage
Chubb Corp.'s Vigilant Insurance must face a lawsuit by Bear Stearns Cos. accusing the insurer of breach of contract for refusing to pay part of a U.S. Securities and Exchange Commission settlement, ...
EU Weighs Allowing Damage Suits Over Price Fixing
The European Union proposed rules for a uniform system allowing consumers to sue over price-fixing in a plan that stops short of forcing nations to allow group lawsuits. Proposals on ...
Commercial Prices Up For 9 Straight Quarters: Towers Watson; Years More Needed: Hartwig
Reporting an aggregate first-quarter 2013 jump in commercial insurance prices of almost 7 percent, Towers Watson said the result marks over two consecutive years—nine straight quarters—of price ...