Property & Casualty Blogs

Producer, Carrier Groups Unite For N.Y. Surplus Lines Hearing
A public hearing by the New York Department of Insurance on whether to add coverages to the state's excess and surplus lines �export� list was deemed successful by an agent trade association… Read more

Agents Ready Clients For NFIP Lapse; Insurers Reconsider WYO
Facing another looming flood program expiration deadline on Sept. 30, agents are expressing frustration at Congress and are advising clients to pay renewals for flood policies in advance of the deadline in case there is another lapse… Read more

Questions Raised Over Producer License Testing & Education
The roles of race, education and personal accountability in producer license testing and examination were raised as regulators began hearings to examine the need for a uniform process… Read more

Moody's: Stress Testing A Key Part Of Ratings Evaluation
When rating property and casualty insurance and reinsurance companies globally, stress-testing is applied to evaluate the resiliency of (re)insurers' credit profiles, Moody's Investors Service said in a report… Read more

Senators Question Storage Of Scanned Body Images
Members of the Senate Homeland Security and Governmental Affairs Committee sent a letter to the director of the U.S. Marshals Service, asking for an explanation about the storage of images from whole-body scanning machines… Read more

Pa. Man Arrested for Filing $1.4M False Claim
A Pennsylvania man's attempt to turn some dilapidated modular townhomes into nearly $1.4 million was thwarted by authorities, said state Attorney General Tom Corbett… Read more

High-Net-Worth Insurer PURE Now In Mass.
High-net worth insurer Privilege Underwriters Reciprocal Exchange (PURE) is expanding to another state on its way to becoming a national carrier… Read more

CICA, NRRA Announce Early Oct. Meetings
The Captive Insurance Companies Association (CICA) and the National Risk Retention Association (NRRA) have both planned events in the Washington D.C. area in October, the organizations said… Read more

Sam's Blog: Role Models In WC Risk Management
How can risk managers keep safety, loss control and return-to-work initiatives front and center in a recession? NU Editor Sam Friedman spotlights three role models in his blog at www.NUSamSoapBox.com… Read more