A View From The Press Box

While insurers need to do a better job involving their producers in strategic and operational decisions, such communication must be a two-way street, with agents and brokers keeping their partners in the loop about where they stand. Read the rest of this entry »

For two years now, I’ve been telling anyone who’ll listen that the industry’s lousy reputation is, for the most part, undeserved, and that carriers must take ownership of the problem and start touting all the good they do for society.  Then along came Bob Hartwig’s recent speech at the 50th anniversary celebration of the Insurance Institute for Highway Safety, which pointed out that insurers don’t get enough credit for all the lives they save and injuries they help people avoid.

Read the rest of this entry »

The Chubb Group of Insurance Companies and FM Global were the big winners in the first “Risk Manager Choice Awards,” based on a survey of 411 corporate insurance buyers run by the Flaspöhler Research Group, in partnership with National Underwriter. For a full report, go to http://bit.ly/392FyL.

Rating agencies took a well-deserved beating last week when they were called on the carpet by state regulators wary of trusting their assessments going forward.

Read the rest of this entry »