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September 2010
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AIG, Benmosche and the Vindication of Hank Greenberg

In the view of many, the problem with AIG until recently was that it was driven by imperious personality. That problem was solved by the forced departure of Hank Greenberg by now-discredited ex-New York Attorney General Eliot Spitzer. However, with the arrival of Bob Benmosche as CEO, big personality is back.

Innovative, No Cost To Employer Wellness Program

The American Worker Plans, working with LifeStrive and the Allstate Workplace Division, have begun national marketing of an innovative program of wellness coupled with critical illness or cancer protection.  Under this program, you can offer a group package of critical illness or cancer plans, inclusive of a preventive care benefit, …

US P/C Insurers See Small Improvements In 2Q

Investment returns are likely to be better in the second quarter than in the first, and weather-related catastrophe losses are “just a bit above the typical second-quarter’s result,” estimated Edward Shields of Sandler O’Neill & Partners. He expects “a fairly positive” second quarter except possibly in one area - the …

Insurance Groups Seek To Escape Regulation Under New Agency

WASHINGTON (Dow Jones)–The insurance industry is seeking changes to legislation to create the new Consumer Financial Protection Agency that would prevent insurers from being swept into the agency’s purview.
Thirteen insurance trade groups, in a letter to key lawmakers, asked to exclude mortgage, title and credit insurance from the agency’s …

Morrell Insurance Spring Newsletter

Introduction - Welcome!
The Morrell Insurance Newsletter!

This Newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance, founded in 1909) for the purpose of having [...]

Honor Roll: This Week’s Top Insurance Blogs (May 3-9)

Our favorite insurance technology-related blog posts from around the Web (May 3-9, 2009):

Use the Internet to Your Advantage

With all of the various channels for buying insurance these days, insurance agents have a lot of competition. Are insurance agents slowly being phased out by other methods of purchasing insurance? A new JD Power and Associates report sheds some interesting light on the matter.
•    About 55 percent of all …

Morrell Insurance June Newsletter

Introduction - Welcome!
The Morrell Insurance Newsletter!
This newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance) for the purpose of having our subscribers current [...]

Morrell Insurance May Newsletter

Introduction - Welcome!
The Morrell Insurance Newsletter!
This newsletter is sponsored by Wm. E. Morrell Inc. (Morrell Insurance) for the purpose of having our subscribers current on [...]

Contractors - Builder’s Risk vs Completed Operations

Construction Contractor Insurance
Building contractors as most business owners carry general liability and workers’ compensation insurance. This post discusses two other types of insurance for building contractors. Builder’s Risk and Completed Operations are two addition coverage which Contractors may want to consider.
Builders Risk
Builders Risk insurance covers a builder’s property during the construction cyle. Property coverages [...]