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Monday 18 November 2013

Updates on Flood Rate Hikes, TRIA | Opportunity in Recreational Firearms?

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Specialty Markets Insight eNewsletter
Featured Story November 18, 2013
 
By Bonnie Cavanaugh
Gunning for Cover
By Bonnie Cavanaugh
Mounting interest in recreational firearms use is creating a bountiful niche market for specializing insurers.…Read More
Slideshow
Pragmatic Auto Thieves? 10 Most Stolen Compact and Subcompact Cars
By Christina Bramlet, PropertyCasualty360.com
In recent years, practical rides such as the Honda Civic and Toyota Yaris attracted their share of auto thieves.…Read more
More Specialty Lines News
Senate Vote to Delay Flood Rate Hikes Could Come Before Thanksgiving
By Arthur D. Postal, PropertyCasualty360.com
A Senate vote on legislation that would delay flood insurance premium increases for up to four years may take place next week.…Read more
J.D. Power: Customers Happier with Homeowner Claims Process
By Anya Khalamayzer, PropertyCasualty360.com
Customers are receiving more accurate timelines of claim process lengths from insurers, who are also helping them avoid settlement negotiations. …Read more

At Dauntless Specialty Brokerage, we're your one-stop solution for every rate. Plus, premium financing is NEVER needed! Learn more about us in this informative webinar, "Commercial Residential Insurance Solutions". Download this webinar now.

TRIA Issue Could Wait Until Spring; Signs Are Backstop May Look Different
By Arthur D. Postal, PropertyCasualty360.com
Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry “skin in the game” as their price for reauthorizing the Terrorism Risk Insurance Act.…Read more
Yellen: One-Size-Fits-All Not a Model for Regulation
By Arthur D. Postal, PropertyCasualty360.com, Elizabeth D. Festa, PropertyCasualty360.com
The Federal Reserve Board recognizes there are “critical differences” between banks and insurance companies, Federal Reserve Board chairman-designate Janet Yellen told a Senate committee at her confirmation hearing.…Read more
Hank Greenberg: Left Unchanged, Martin Act Will Drive Businesses Out of New York
By Phil Gusman, PropertyCasualty360.com
The Martin Act, which gives the New York attorney general extraordinary enforcement powers, will drive companies out of the state unless businesses lobby to change it, according to Starr Insurance Holdings Chairman and CEO and longtime AIG boss Maurice “Hank” Greenberg.…Read more
Tower: Disregard 2011, 2012 Financial Statements
By Chad Hemenway, PropertyCasualty360.com
Tower Group International says filed financial statements for the years 2011 and 2012 cannot be relied upon and because of “inadvertent mistakes.”…Read more
Lawsky: Regulation Focused More on Punishing Past Than on Protecting Future
By Phil Gusman, PropertyCasualty360.com
Insurance regulation should focus on deterring future wrong acts, not on punishing the sins of the past, New York’s top regulator said here Friday. ACE's Greenberg notes that building ACE would be "far more difficult" in today's environment.…Read more
Perspectives
Obamacare Raises the Stakes for Medical Malpractice Carriers
By Sam J. Friedman
With millions of newly insured patients expected to fill up the waiting rooms of doctors’ offices as healthcare reform is implemented, medical malpractice insurers have reason for concern about the law’s impact on liability trends.…Read more
Announcements
PIA Management Services, FloodBroker.com Partner to Help Agents Sell Flood Coverage
Market Directory
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Featured Lines
Our "Featured Lines" special sections offer an in-depth exploration of a specific type of coverage including interviews with experts, white papers, recommended resources, featured reports and the latest news.

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