Most Clicked NAMIC dailyLead Stories
1. P/C insurers should not be used to advance climate-change agenda
NAMIC dailyLead | Mar 05, 2010
Environmental advocates have prompted the National Association of Insurance Commissioners to craft its Climate Risk Disclosure Survey in an attempt to force property/casualty insurers to require companies seeking coverage to adopt climate-change policies, a move that did not sit well with the industry. Although insurance trade groups have succeeded in cutting down the survey, the government still should not use the industry as "an environmental traffic cop" and "go directly to the industry in question and regulate it," said NAMIC CEO Chuck Chamness. Wall Street Journal, The (03/04)
2. Be responsible for your own happiness at work
NAMIC dailyLead | Mar 04, 2010
Employee engagement isn't entirely the responsibility of managers, and employees must play a role in boosting their own job satisfaction and performance, Paul Hebert writes. Among his suggestions: Offer new ideas, talk positively about the company and actively recruit people you think would be a great fit. Fistful of Talent (03/02)
3. To grow, agents say they need "ease of doing business"
NAMIC dailyLead | Mar 04, 2010
Property/casualty insurance agents identified "ease of doing business" as a key factor in their growth, but there is a disparity between their technology needs and the tools offered by insurers, according to a study by Deep Customer Connections and software firm iter8. Agents also want their carriers to develop technology that could go well with their management systems and provide real-time upload and download capabilities. Insurance Networking News (03/03)
4. FEMA: Property-mortgage deals stall as Congress fails to extend NFIP
NAMIC dailyLead | Mar 03, 2010
The failure of Congress to pass legislation that would extend the National Flood Insurance Program would stall property-mortgage transactions in flood-prone zones, according to the Federal Emergency Management Agency. "After one of the stormiest winters on record, and with hurricane season fast approaching, it is unfortunate that Congress would fail to act on this issue and put millions of Americans' financial security at risk," said NAMIC Vice President Jimi Grande. National Underwriter (free registration) (03/02)
5. Get off the e-mail treadmill
NAMIC dailyLead | Mar 05, 2010
If you want to work more efficiently, rethink your e-mail habits, experts say. Relying on e-mail too much to communicate means that you're "really reactive and you go home and don't even know what you did all day," says Florian Becker, a software company director. ABC News (02/26)
6. House approves NARAB reform bill
NAMIC dailyLead | Mar 05, 2010
The House voted in favor of the National Association of Registered Agents and Brokers Reform Act of 2009, which aims to institute streamlined reciprocal licensing for insurance producers across the country. The proposed measure "provides common sense reforms that level the playing field between states for agents, allowing licensed agents to offer their services across all jurisdictions without impeding on the regulatory rights of the states themselves," said NAMIC's Marliss McManus. IFAWebNews.com (03/04) National Underwriter (free registration) (03/04)
7. 5 things Indian CEOs do better than U.S. bosses
NAMIC dailyLead | Mar 09, 2010
India's economy is booming, and experts say U.S. business leaders could learn a thing or two from their subcontinental counterparts. According to a study, India's CEOs invest heavily in their workforce, spend months training new hires and place more emphasis on social progress than on pleasing their shareholders. "Indian leaders lead with a sense of social purpose," says Wharton professor Peter Cappelli. "... One of the things these leaders all said was more important to them than shareholder value was being a personal role model for their employees." CNN (03/05)
8. February saw 5% drop in the P/C composite rate
NAMIC dailyLead | Mar 09, 2010
The property/casualty insurance market continued to be soft in February as the industry's composite rate dropped 5% compared with the same period last year, according to a report from MarketScout. Despite the decline, "rates for wind capacity in the Gulf Coast, Florida and East Coast up to and including North Carolina are moderating or increasing," said MarketScout CEO Richard Kerr. Business Insurance (03/08) National Underwriter (free registration) (03/08)
9. How to boost customer loyalty -- and your bottom line
NAMIC dailyLead | Mar 09, 2010
Keeping the customer satisfied is the only way to guarantee long-term profitability, writes Micah Solomon, who shares some of the best tactics he has noticed. These habits -- gleaned from Amazon, Netflix and even a small gift shop in Bar Harbor, Maine -- could also help put a smile on your customers' faces. FastCompany.com (03/04)
10. Policy guidance for NFIP lapse gets a rewrite
NAMIC dailyLead | Mar 08, 2010
The Federal Emergency Management Agency revised its guidance for insurance policies affected by the two-day lapse in the National Flood Insurance Program as a result of the delay in the Senate's approval of the program's reauthorization bill. The changes allow policyholders whose coverage was renewed on Monday and Tuesday to carry those dates in their policies. National Underwriter (free registration) (03/05)
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Companies in the news
- Clarks
- Crawford
- FSA
- Geico
- HCC Insurance Holdings Inc
- Hooper Holmes
- Horace Mann Educators
- Mercury General Corp.