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January 2012
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Cruise liners need tighter safety rules - insurers

by Reuters - Jan 25,2012

LONDON, (Reuters) - Passenger ship operators should tighten up safety procedures and crew training standards to prevent a repeat of the Costa Concordia shipwreck, potentially the costliest marine insurance loss on record, shipping insurers said on Tuesday, "In the ... [full story]

FHA Raises Subprime Debt Insured for Housing Rebound

by Bloomberg.com - Jan 25,2012

InsuranceHeadlines (Bloomberg) -- In Honolulu, on the southern coast of the island of Oahu, there’s a four-bedroom home priced at $785,000 that has views of the sun setting over the Pacific Ocean. The beaches of Waikiki are 15-minutes away. ... [full story]

Making Sense of Hurricane Models

by Insurance Networking News - Jan 24,2012

To model for natural disasters, insurance companies rely on modeling expertise from firms such AIR Worldwide, RMS and EQECAT. By doing so, they can avail themselves of a deep well of scientific knowledge and models consistently improved to reflect ... [full story]

Workers compensation insurers face unprofitable future

by BusinessInsurance.com - Jan 24,2012

Signs point to more unprofitable years ahead for the workers compensation insurance industry, according to a Standard & Poor's Corp. report released Monday. While pricing for workers comp insurance modestly improved during the latter part of 2011, New York-based ... [full story]

Availability, pricing of coverage main concerns for insurance buyers

by BusinessInsurance.com - Jan 24,2012

A survey of a global coalition of insurance brokers finds that nearly all believe the top concern facing their clients is the availability and pricing of coverage. The issue is particularly challenging for buyers with large natural catastrophe and ... [full story]

A Bevy of Regulatory Issues for Insurers

by Insurance Networking News - Jan 23,2012

On both the federal and international levels, 2012 will be a profoundly important year in the realm of insurance regulation. Few people are likely more cognizant of this than Ben McKay, SVP of federal government relations for the Property ... [full story]

Billing System Activity Remains High for P&C Insurers

by Insurance Networking News - Jan 23,2012

Insurers continue to have a number of functionality and improved technology options when it comes to renewing or replacing billing systems, according to a new report from Celent. In an effort to help insurers refine their systems strategies and, where ... [full story]

Health insurance costs could be offset by wellness

by Orlando Sentinel - Jan 23,2012

How happy are you on a scale of 1 to 10? How many days did you exercise last week? How many vegetables did you eat yesterday? How financially secure do you feel? This isn't a questionnaire people are filling ... [full story]

Selling Auto Insurance to the “New Consumer”

by Insurance Networking News - Jan 19,2012

The auto insurance industry has come a long way since the late 1960s when insurers ramped up competitive advantage by offering safe-driver, multi-vehicle and multi-policy discounts. As consumers became smarter and more demanding, that competitive pressure has had its effects, ... [full story]

NHTSA ill-equipped to assess cars' high-tech systems, study says

by Los Angeles Times - Jan 19,2012

The nation's top auto safety regulator is ill-equipped to detect problems with high-tech electronics that are increasingly commonplace in today's cars, a new government study has concluded. Calling such shortcomings "troubling," the report called on the National Highway Traffic ... [full story]

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