Commissioners Skip Meeting with Obama | Q3 Questionable Claims Up | How to Buy Cyber

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November 20, 2013 PropertyCasualty360.com
First Notice NICB: Q3 Questionable Claims Increase 24% from 2011 By Christina Bramlet, PropertyCasualty360.com When comparing member QCs logged in 2011, 2012, and 2013, the NICB noticed a 24-percent uptick.…Read more Slideshow Top 7 States for Turkey Fryer Fires By Caterina Pontoriero, PropertyCasualty360.com More cooking fires occur on Thanksgiving Day than any other day of the year. See State Farm's top 7 states for cooking fire claims on Thanksgiving Day.…Read more Industry News Commissioners Skip Meeting with President Obama By Chad Hemenway, PropertyCasualty360.com Insurance commissioners from Florida, Kansas, Montana, New Hampshire, North Dakota and Pennsylvania have sent a letter to fellow state heads of regulation to inform them they would not attend a Nov. 20 meeting with President Obama.…Read more Kindling on an Ember: State vs. Federal Regulation By Ted Besesparis More questions have been raised against NAIC and its role in the marketplace. Is the timing more than coincidence?…Read more Underwriting and Business Intelligence: Art Meets Science By Michael P. Voelker Data-driven technology has allowed insurers to ­automate much of underwriting in some areas of P&C, but the larger goal of transforming underwriting form an art to a science is achieved by making better use of business intelligence to increase efficiency and improve outcomes.…Read more For 150 years, we have insured some of America's most iconic moments. We take pride in protecting the dreamers, inventions and buildings that make this country what it is today. Read more about our role in our country's history. 3 Ways Agencies and Producers Can Improve Alignment: Slideshow By Susan Toussaint Agency goals at odds with what producers want? It's time for a realignment.…Read more House Hearing Continues NFIP Flood-Rate Debate By Arthur D. Postal, PropertyCasualty360.com FEMA administrator, representatives, citizens' groups and real estate agents talk about the challenges arising from mandated rate increases for federal flood insurance. …Read more Commentary: Summary of the Hearing on Future of Terrorism Insurance By Lawrence H. Mirel There is a lot of agreement among interested parties but the differences could stand in the way on a reauthorization bill. …Read more How to Purchase Cyber Insurance By Roberta D. Anderson Cyber insurance can be a valuable asset within a strategy to address and mitigate cyber security, data privacy, and other risks. But selecting and negotiating the right insurance product can present a significant challenge. …Read more WYO Insurers: Carefully Consider NFIP Rate Changes to Avoid More Consumer Confusion By Arthur D. Postal, PropertyCasualty360.com The insurance companies that administer the National Flood Insurance Program painted a dire picture of the consequences of reversing any of the federal flood insurance rate increases now being implemented. …Read more Around the Industry By Staff Writer News from Markel, the National Assn. of Professional Insurance, Cooper Gay, Victor O. Schinnerer and AssuredPartners.…Read more Perspective Insurers May Find Opportunities, Challenges with "Sharing Economy" By Michael A. Costonis Insurers may be able to innovate, particularly in the car-sharing market. But how can they adapt models to meet consumer demands?Read more Editors' Picks A 'Bold Step': Travelers Gives Agents New Product to Compete in Auto Market Turkey Dynasty In a Kingdom Full of Customers, Analytics Tell Insurers Who Deserves the Royal Treatment Tornadoes, Severe Storms Devastate Midwest RMS: Midwest Storms Could Cost $1 Billion Comment of the Day While I'm not terribly happy about the 20% reduction in commission, I do appreciate Travelers efforts to provide a competitive personal auto product to the IA force. I hope their efforts to trim expenses, both internally and via agent commissions, will make this a stable product in the long-term. — Ryan Dye, A 'Bold Step': Travelers Gives Agents New Product to Compete in Auto Market Featured Lines Environmental Insurance Connect with Us Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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