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VCIA Roundup
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The Vermont Captive Insurance Association held another successful conference this week. Here are the key takeaways from Burlington (as well as golf highlights).
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Just Say, 'No,' Joe
Maybe Willis Group Holdings Ltd.'s CEO Joseph Plumeri should become a real estate broker too. Read as he reveals his success at landing the Sears Tower.
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AIG Swings to Profit But Bleeds Premium (updated)
Behind the $1.8 billion quarterly profit is a 19 percent hit to net premiums.
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Big Carriers in No Rush to Use Big Technologies
Desktop tethers and security issues mean a go-slow approach with regard to the latest tech trends like cloud computing and social networking sites.
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CPCU Society Preview: First Things First
CPCU Society President Marvin Kelly wants to attract a younger, more diverse audience to the society meeting, and to insurance in general.
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Marsh Improves Margins, Minds Commissions
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Cutting expenses helps margins at brokerage business, so would "level playing field" for commissions.
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A Tale of Two Bermudas (updated)
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Profits jump at one Bermuda carrier, Endurance, while another, Arch, takes an income hit. The difference? Investments.
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Writing in the Brokers' Margins
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Second-quarter brokerage results solid but contingent commissions again sure to become an issue.
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Flat Tires and Sick Kids Add up
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Incidental absences from work cost employers $40 billion each year, but managing them can be a headache for HR.
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Joe on Defense
Willis' Chairman and CEO Joe Plumeri blasts Stanford plaintiffs for chasing deep-pocketed defendant.
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Terrorism Experts Upbeat on Obama, Cautious on Iran
Some the world's foremost researchers on terrorists share insights with the insurance industry about the current state of danger in the United States.
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Willis Smacked With Stanford Suits
Plaintiffs' attorneys allege the brokerage aided and abetted Allen Stanford's Ponzi schemes.
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Chubb and ACE Improve Pricing (Updated)
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Both companies exceeed analysts' estimates on earnings and are positioned for long-term market-share improvement.
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The Best Way to Gauge Insurers' Catastrophe Risk Management?
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Ratings agency A.M. Best revises how it examines carriers' catastrophe exposures, stresses risk management and data quality.
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Just Wait for Those Hardening Rates
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July reinsurance renewals are mostly flat for working non-CAT layers, and a reinsurance exec believes reinsurers will maintain their discipline and rates will harden in earnest in due time.
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