By Susanne Sclafane “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the impact of litigation finance on the …
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B Read More »
I recently read several articles marking the 20th anniversary of Hurricane Katrina. The articles covered a plethora of changes, including ISO form changes, the quality of claims serviced, the enormous financial cost, the unreal people cost, the improvement in the …
Hurricane Katrina Impacts Then and Now Read More »
By Don Jergler Being pleasant may not sound like it’s part of a recipe for success at a firm operating in a space where people survive and thrive by making sales, but it’s among the core philosophies at Kulchin Ross …
Being Pleasant Is Key to Success at Small but Growing Southern California Firm Read More »
As mergers and acquisitions continue to reshape the insurance landscape, independent agency owners face increasingly complex decisions about financing growth. Among the most prominent capital sources are private equity (PE) and industry-focused bank lenders. Although both offer financial resources and …
Private Equity vs. Industry Bank Financing Read More »
Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died …
Katrina 2005-2025: How Property Policies Changed Read More »
By L.S. Howard There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs–known in the past by the market as the “class of 1992,” …
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace Read More »
By Andrew G. Simpson Insurance folks tired of personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other over allegations …
Two High-Profile Personal Injury Law Firms Sue… Each Other Read More »
Northern Neck Insurance Co. and Frederick Mutual Insurance Co. announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. The partnership will unite Northern Neck’s personal lines focus with Frederick Mutual’s commercial lines …
Mutual Growth Strategy: Northern Neck Insurance to Acquire Frederick Mutual Read More »
