AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Comment - Best foot forward.
(From Reinsurance)
Belatedly, but totally sincerely and with every intention of sticking to them, I have made my New Year's resolutions and am ready to share them with you.
In a slight break with tradition, I have decided to attach some conditions this year and I need the entire global insurance industry to work with me here to stand any chance of getting past March without breaking them.
Fighting fit
Resolution one: I'll get fit, as long as the entire industry agrees to stay in shape by applying sound technical underwriting standards to pricing risk. Implicit in this resolution is the undertaking to avoid growth strategies driven by market share.
I feel confident I'm on a winner with this one. With the risks inherent in our industry, the conscious underpricing of business is, thankfully, a scenario which consensus dictates will never be repeated.
Even in lines with healthy returns, we have seen some of the largest international reinsurers exiting where their underwriting is deemed to be unprofitable in the long-term.
- Barbour vows comprehensive tort reform in 2004: governor believes majority of...
- Magazine article from: Mississippi Business Journal Jeter, Lynne May 3, 2004 700+ words
...see state lawmakers pass comprehensive tort reform this year so Mississippi can end lawsuit...members of the House support comprehensive tort reform," said Barbour. "However, they...another effort in the House to revive tort reform. And my goal is to get comprehensive...
- GOVERNMENTS CAN HELP IN TORT REFORM.
- Magazine article from: Business Insurance ZOLKOS, RODD June 21, 1999 700+ words
...governments can be key players in state tort reform coalitions, and they stand to gain...those efforts, according to an Illinois tort reform advocate. Speaking to the Public Risk...corporations often are at the heart of tort reform coalitions, local governments and non...
- Tort reform revisited. (Another Perspective) (column)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Crockett, Curtis D. August 26, 1991 700+ words
Tort Reform Revisited Many of us who rejoiced during the much-publicized tort reform "revolution" of the 1980's, and who have...and they have not gone home empty-handed. Tort reform, only a short time ago a favorite media topic...
- MILDER TORT REFORM, TRENTON STYLE
- Newspaper article from: The Record (Bergen County, NJ) BILL SANDERSON, Trenton Bureau March 8, 1995 700+ words
...County, NJ) 03-08-1995 MILDER TORT REFORM, TRENTON STYLE -- PACKAGE PENDING...to fight your case in court. But the tort reform proposals being considered by Republicans...breath that Washington will produce tort reform," said Sen. Joseph M. Kyrillos Jr...
- STATE HOUSE REVIVES TORT REFORM ELEMENTS / HOUSE AMENDS BILL WITH PROVISIONS...
- Newspaper article from: The Journal Record JAN PASCHAL April 4, 1986 700+ words
...Representatives accepted key elements of his "tort reform" bill as an amendment to another measure...years in the House. The proposed "tort reform" legislation would limit punitive damages...of the business coalition supporting tort reform, had this comment Thursday after the...
- Tort reform iron won't get hotter.(Tort reform law)
- Magazine article from: Business Insurance Hofmann, Mark A. November 8, 2004 700+ words
...opportunity for advocates of federal tort reform opened a little wider, courtesy of...president who is arguably the most pro-tort reform chief executive to ever inhabit the White House, there's no guarantee that tort reform can pass, under the best of circumstances...
- THE QUESTION OF TORT REFORM / INSURANCE INDUSTRY SEES ECONOMIC DEVELOPMENT;...
- Newspaper article from: The Journal Record DAVID TIPTON September 17, 1987 700+ words
...must be more involved in supporting tort reform if they want such measures to pass through...apparent some state lawmakers regard tort reform basically as an insurance issue. But those in the insurance business believe tort reform is an economic development issue...
- Tort reform as important for banks as doctors, insurance: banks working with...
- Magazine article from: Mississippi Business Journal Kirkland, Elizabeth November 11, 2002 700+ words
When most people think of the tort reform issue, they usually think of the fight...counsel for BankPlus, says he hopes tort reform happens sooner rather than later...that even if we can have reasonable tort reform, it'll take a while to be implemented...