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Kirschners.com Week-In-Review - Your Monday Morning Must Read.
 
Kirschners.com Week-In-Review
In The News
Featured Articles
Markets/Risk Placement
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WEEK ENDING
April 28, 2012
 
The Week-In-Review eNewsletter from Kirschners.com is a free information service providing a brief recap of the week's most relevant, useful information as reported by the leading insurance sources. It's the "Monday Morning Must Read."

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In The News
Provided by PropertyCasualty360.com
 
Bermuda Companies Swing Back to Profits in Q1 Reports
Bermuda insurers and reinsurers reported strong first-quarter earnings relative to a year ago, with several swinging back into the black after reporting Q1 losses in 2011...
Read Article »

E&S Professionals See Signs of Market Change; Enjoy Rise
in Premiums Written

Excess and surplus-lines carriers are beginning to see signs of a market change, including a shift in standard-carrier appetite for traditional E&S risks, according to an SNL Financial analysis...
Read Article »

States, Insurers Seeking Answers in Volatile Workers' Compensation Line
With the current investment environment working against workers' compensation insurers, companies may be pressured into a harder market as they try to achieve underwriting profits in a line that has not had a combined ratio under 100 since 2006, a new report says...
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Rep. Schock: Senate Needs to 'Get Off Its Duff' & Pass
NFIP Extension

A Republican member of the House Ways and Means Committee implored the Senate to act on passage of a five-year National Flood Insurance Program extension that includes reforms to the program...
Read Article »

Marsh: Primary D&O Rates on the Rise; Excess Layer
Still Soft

Rates for primary directors and officers liability-insurance programs for public companies during the first quarter increased an average of nearly 1.5 percent after decreasing an average of about 4.3 percent in 2011...
Read Article »

AIG Says Ex-Air Lease Chief Stole Trade Secrets
American International Group Inc. has sued the co-founder and former chief executive of its aircraft-leasing unit, Steven Udvar-Hazy, accusing him and other former employees of stealing several thousand electronic files containing trade secrets...
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Harleysville, Nationwide Another Step Closer to Merger
Policyholders and shareholders of Harleysville Mutual Insurance Co. and Harleysville Group Inc. have approved a merger with Nationwide Mutual Insurance Co...
Read Article »

Judge Denies AIG Motion in BofA $8.5B Settlement
New York judge rejected an effort by American International Group, Inc. and other objectors to Bank of America Corp's proposed $8.5 billion mortgage bond settlement...
Read Article »

Returning Warriors Face Driving Safety Risks
Military personnel have an increased risk of at-fault auto accidents within six months of returning from overseas duty, a report from USAA says...
Read Article »

W.R. Berkley: 'Stupid' Cos. May Not Be Able to Make
Hard Turn

Declaring that a turn to a hard market cycle is more visible, the chief executive of W.R. Berkley Corp. says a company somewhere is in for major trouble because they are "stupid" not to increase rates...
Read Article »

At RIMS, Industry Execs Talk Pricing, Business Interruption
& Cyber Risk

Three subjects appeared to be most prominent in discussions between executives and risk managers in Philadelphia at this year's Risk and Insurance Management Society meeting: price, business interruption and cyber risk...
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Featured Articles
Provided by National Underwriter P&C
 
 
To Develop New Coverage Options, Specialty Players
'See Around Corners and Imagine'

A look at four innovative insurance products-and the cultures that created them
Insurance providers need to have no fear of failure when developing new products to adjust to and cover emerging risks associated with the fast-paced evolution and trends among worldwide businesses.
Read Article »
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Markets/Risk Placement
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Web Seminars
Provided by TechDecisions
 
Social Media: Is the buzz now turning into real
business value?

Date: Wednesday, May 9, 2012
Time: 12:00 PM ET (10:00 AM PT)
Cost: FREE

Social media was a center stage topic in 2011 - it was all the buzz! In 2012, Strategy Meets Action is observing a significant shift in adoption. Insurers are moving beyond the hype and experimentation and rolling out dynamic interactions and comprehensive, value-driven projects. In this webinar, SMA will provide insights and share research about social media progress. Topics to be discussed will include social interactions, collaboration activities, customer analytics, and the state of what's happening in insurance.
Register Now »
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