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NAPSLO Unveils New Format For Upcoming Mid-Year Meeting
Attendees to the mid-year conference of the National Association of Professional Surplus Lines Offices, Ltd. will see a change in the meeting’s format, with industry leaders and NAPSLO officers on hand to brainstorm out-of-box strategies for dealing with the current business, legislative and market challenges during two interactive sessions.
Markel To Discuss Long-Term Strategy
Tony Markel spoke to NAPSLO Daily about the long-term strategy that transformed his company in 2009—a topic sure to come up tomorrow when he and three other leaders discuss their views on industry challenges and share visions for addressing their toughest issues.
E&S Premiums Tumble Again In ‘09
The latest publicly available statistics for the excess and surplus lines industry indicate that overall E&S premiums probably fell for the third straight year in 2009—and few experts see much change for 2010.
Gut It Out Instead Of Putting Out Fires, Consultant Says
If you’re the kind of leader that reacts immediately to put out the fire of every crisis, then you may not be doing your company any favors, according to Stephen Harvill, who is moderating tomorrow’s leadership panel discussion.
NAPSLO Brokers Get In Gear For 2010
NAPSLO Daily asked wholesalers attending this year’s Mid-Year Leadership Forum: What are you doing differently in 2010?
Continuing Education Offerings Meeting NAPSLO Member Goals
Continuing education and management training programs specifically tailored for surplus industry members requiring CE courses to retain their property and casualty licenses are hitting the spot for NAPSLO members.
Insurers ‘Green Up’ Gray Coverage Areas
Insurers are slowly tackling some unique liability risks of green-building projects, with endorsements to cover defense and crisis management costs incurred to counter green whitewashing allegations, as well as environmental exposures arising from construction, waste disposal and equipment maintenance activities.
Many States Vague On Surplus Lines Compensation Rules
Rules for disclosure of compensation arrangements involving surplus lines brokers are ill-defined. The status quo and what’s on the horizon are summarized in highlights from the recent webinar “How Much Is Enough: The Fallout From Producer Compensation.”
March 5, 2010
NAPSLO Members Need to Do More to Support PAC
National Association of Professional Surplus Lines Offices (NAPSLO) members have to step up within their own firms and talk to people about contributing to the association’s political action committee. At yesterday’s town hall meeting, attendees learned that right now the amount of money raised pales in comparison to the amount needed to make the PAC relevant in Washington, D.C.
E&S Execs See Few Signs Of Recovering Economy
“Recession 101. It’s A Test. Not The Final.”
That is the message posted on billboards across the nation by a person who has been identified only as an “unknown optimist” in media reports. Whoever the person or group behind the signs might be, it seems unlikely that they work in the excess and surplus lines segment of the property and casualty insurance industry.
Broker Partnerships Central To E&S Insurer 2010 Business Strategies
Market Access Not Enough For Wholesalers
http://www.property-casualty.com/Exclusives/2010/3/Pages/Market-Access-Not-Enough-For-Wholesalers.aspx
Anyone who has attended a panel discussion at NAPSLO over the last few years has heard one question come up over and over again, mainly addressed to wholesaler broker members: “Where do you add value? How does your firm define its value proposition?”
All Barometer Gauges Stuck On Soft
Veteran surplus lines insurance industry executives say they’ll know a market turn when they see one, but so far, all the barometers they check to predict the proximity of a turn are stuck in soft market territory.
Market Turn In 2010? It Ain’t Gonna Happen, E&S Execs Say
The market will harden—eventually—but a cycle turn is not in the cards for 2010, according to the consensus view of some NAPSLO members attending the Mid-Year Leadership Forum who shared their views with the NAPSLO Daily.
Professional Liability Courses Available To NAPSLO Members
Whether your firm dabbles in professional liability underwriting and placements, or it’s a central focus of your offerings, your employees now have access to the PLUS Curriculum—a collection of 23 training modules with material ranging from the fundamentals of liability insurance to advanced topic.