July 24, 2006
Insurance Journal South Central Magazine
Insurance Journal South Central Magazine
2006 Excess, Surplus and Specialty Markets Directory, Vol. I
In this Issue
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FeaturesIIAT honors Fitzhugh for 60 years of state conference attendance
Third-generation and longtime Waco independent insurance agent Champe... -
FeaturesCoastal communities only halfway ready for a major storm
Average insured homeowners throughout Gulf and Atlantic coastal... -
FeaturesDonelon orders insurers to extend hurricane claims period in Louisiana
Just over a month after asking insurers in his state to voluntarily... -
FeaturesPeople
Privately owned insurance and risk management firm McQueary Henry... -
News CurrentsNews Currents
The virtual, global economy humbles insurance leaders Insurance... -
News CurrentsNews Currents
Wind stays in 'wind vs. water case,' judge says A Mississippi judge... -
Features‘Adequate rate for the risk’ a big concern for industry executives
The question of how to structure property insurance rates adequately... -
FeaturesNews Currents
Suspicious fires Two suspects were arrested in relation to at least... -
New MarketsNew Markets
Workers' Compensation - Middle Market Nuts & Bolts: Workers'... -
FeaturesGoing after unpaid claims
Louisiana Recovery Authority is considering going after insurance... -
FeaturesPay less attention to delinquent accounts, call your good customers
Agents can make a difference in the perception of the insurance... -
FeaturesSafeco CEO: ‘We will sell to consumers in the way they want to buy’
Explaining Seattle-based Safe-co's recent announcement that it would... -
FeaturesHigher windstorm rates
Although many in the insurance industry don't think they are going up... -
FeaturesDespite understanding risk, drivers gab on wireless phones
Despite knowing that driving and talking on a cell phone at the same... -
FeaturesFraud on the farm
Although the U.S. Department of Agriculture's Risk Management Agency... -
FeaturesQuotations
No worries until 2008 "I didn't think there was a chance in the world... -
Business MovesBusiness Moves
Republic Group, FirstComp Underwriters Dallas-based Republic... -
Editor's NoteEditor’s Note: Watching out what you wish for
I don't know about you but it's only the middle of July (as this... -
FeaturesMaximizing your agency’s ROI – Return on internet
Is your insurance agency investing in Web initiatives? If so, you are... -
FeaturesRiding out soft and hard market cycles with quality relationships
Having quality relationships with clients takes commitment and... -
News CurrentsNews Currents
Witt pointed out that as he looks across Florida, the Gulf coast... -
FeaturesBid deadline for verification system looms
The Texas Department of Insurance revised the bid deadline for... -
Closing QuoteWhy surplus lines reform makes sense in 2006
The AAMGA is an international trade association comprised of 503... -
News CurrentsNews Currents
The excess flood market steps up where NFIP drops off Increased... -
FeaturesProtecting residential construction risks with OCIPs
Residential construction throughout the country surged to an all-time... -
FeaturesVesta subsidiaries to be liquidated
On July 18 the Texas Department of Insurance announced that Vesta... -
FeaturesOptional federal charter is needed
Editor's note: The following excerpt is edited from an oral statement... -
FeaturesStates may scrap full collateral requirements for ‘alien’ reinsurers
The change may make it easier, more attractive for non-U.S. based... -
FeaturesKeeping afloat with flood insurance resources
FloodSmart.gov provides easy way for agents to stay up-to-date on... -
FeaturesStrong earnings keep insurers’ stock prices stable; M&A activity remains flat
Stock Prices: Insurers' stock prices remained relatively stable... -
FeaturesGetting your commercial producers to prospect
Some producers never seek out fresh prospects. Instead, their... -
FeaturesInsurance and the World Trade Organization negotiations
The Doha Round at the World Trade Organization has been a serious... -
CurrentsAgency compensation reflects organic growth, profitability and retention
With fewer large books of business changing hands recently, insurance... -
CurrentsStock option timing scandal to be felt in D&O insurance
If investors think they're safe from the scandal involving the... -
CurrentsBig ‘I’ exec tells agents federal charter is a ‘recipe for disaster’
If a mandatory or even an optional Federal Charter is implemented in... -
NewsbriefsSWISS RE ANNOUNCES FIRST GE LAYOFFS
Swiss Re, the world's biggest reinsurer since it completed the... -
NewsbriefsMERCK WINS NEW JERSEY VIOXX CASE
A New Jersey jury found in favor of Merck & Co. Inc. earlier this... -
CurrentsU.S. property/casualty industry posts record 1Q profits
The U.S. property/casualty industry's net gain on underwriting rose... -
FeaturesPreemptive plans crucial to protect art and collectibles
With the start of hurricane season, AXA Art Insurance issued a... -
FeaturesLost … but then found somewhere in Florida
In a May 2006 news release, AXA Art Insurance announced it was... -
Editor's NoteWatching out what you wish for
I don't know about you but it's only the middle of July (as this... -
FeaturesPay less attention to delinquent accounts, call your good customers
Agents can make a difference in the perception of the insurance... -
NewsbriefsFEMA CHANGES RULES MID-STREAM; WHO SHOULD PAY?
FEMA recently issued new flood maps that require people in many parts... -
FeaturesThe excess flood market steps up where NFIP drops off
The historical lessons learned from Katrina and Rita and looming... -
FeaturesRiding out soft and hard market cycles with quality relationships
Analyzing the economic rhymes and reasons of soft and hard market... -
FeaturesIIAT honors Fitzhugh for 60 years of state conference attendance
Third generation Waco agent going strong at 89 Third-generation and... -
CurrentsA separate survey
A separate survey released in May by the National Hurricane Survival... -
CurrentsFormer FEMA director promotes state, federal disaster mediation
Federal and state governments need to work with insurance companies... -
CurrentsVesta subsidiaries to be liquidated
On July 18 the Texas Department of Insurance announced that Vesta... -
FeaturesMaximizing your agency’s ROI — Return on internet
Is your insurance agency investing in Web initiatives? If so, you are... -
NewsbriefsHIGHER WINDSTORM RATES
Although many in the insurance industry don't think they are going up... -
People & PlacesPeople and Places
Privately owned insurance and risk management firm McQueary Henry... -
FeaturesCoastal communities only halfway ready for a major storm
Survey finds Louisiana, Mississippi, Alabama and Georgia most... -
CurrentsGoing after unpaid claims
Louisiana Recovery Authority is considering going after insurance... -
New MarketsNew Markets
Workers' Compensation - Middle Market Nuts & Bolts: Workers'... -
FeaturesOptional federal charter is needed
Editor's note: The following excerpt is edited from an oral statement... -
Currents‘Adequate rate for the risk’ a big concern for industry executives
The question of how to structure property insurance rates adequately... -
FeaturesFraud on the farm
Although the U.S. Department of Agriculture's Risk Management Agency... -
CurrentsBid deadline for verification system looms
The Texas Department of Insurance revised the bid deadline for... -
FeaturesDespite understanding risk, drivers gab on wireless phones
Despite knowing that driving and talking on a cell phone at the same... -
CurrentsSafeco CEO: ‘We will sell to consumers in the way they want to buy’
Explaining Seattle-based Safe-co's recent announcement that it would... -
CurrentsWind stays in ‘wind vs. water’ case, judge says
A Mississippi judge refused to throw out an engineer's testimony that... -
CurrentsThe virtual, global economy humbles insurance leaders
Insurance professionals have a lot to worry about as the fast-paced... -
CurrentsDonelon orders insurers to extend hurricane claims period in Louisiana
Just over a month after asking insurers in his state to voluntarily... -
FeaturesProtecting residential construction risks with OCIPs
Residential construction throughout the country surged to an all-time... -
FeaturesWhy surplus lines reform makes sense in 2006
The AAMGA is an international trade association comprised of 503...
National Coverage
-
FeaturesKeeping afloat with flood insurance resources
For more than 35 years, the National Flood Insurance Program (NFIP)... -
FeaturesLost … but then found somewhere in Florida
In a May 2006 news release, AXA Art Insurance announced it was... -
FeaturesAgency compensation reflects organic growth, profitability and retention
With fewer large books of business changing hands recently, insurance... -
FeaturesSwiss Re announces first GE layoffs
Swiss Re, the world's biggest reinsurer since it completed the... -
FeaturesMerck Wins New Jersey Vioxx Case
A New Jersey jury found in favor of Merck & Co. Inc. earlier this... -
FeaturesKATRINA threatened to paint a dark picture for fine art insurer
Christiane Fischer, CEO of AXA Art Insurance, was in Chicago when... -
FeaturesBig ‘I’ exec tells agents federal charter is a ‘recipe for disaster’
If a mandatory or even an optional Federal Charter is implemented in... -
FeaturesInsurance and the World Trade Organization negotiations
The Doha Round at the World Trade Organization has been a serious... -
FeaturesStock option timing scandal to be felt in D&O insurance
Already, insurers are asking businesses questions about whether they... -
FeaturesStates may scrap full collateral requirements for ‘alien’ reinsurers
In an abrupt departure from procedures that have been in place since... -
Carrier WatchStrong earnings keep insurers’ stock prices stable; M&A activity remains flat
Stock Prices: Insurers' stock prices remained relatively stable... -
FeaturesU.S. property/casualty industry posts record 1Q profits
News Currents The U.S. property/casualty industry's net gain on... -
FeaturesPreemptive plans crucial to protect art and collectibles
With the start of hurricane season, AXA Art Insurance issued a... -
FeaturesGetting your commercial producers to prospect
Some producers never seek out fresh prospects. Instead, their...