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Regulatory scrutiny of IM insurance on the rise. (inland marine) (Inland Marine Underwriters Association Convention Report)
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LAKE LANIER, Ga.--Inland marine insurance is different than other property coverages and should be regulated differently, industry experts contend.
"A substantial sector of commercial [inland marine] coverages are singular in character and unique in loss exposures. These do not lend themselves to collective categorizing and uniform treatment either as to coverages provided or as to rates and premiums charged. And in most states, these classes are not subject to rate and...
Related newspaper, magazine, and journal articles from HighBeam Research
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Inland Marine Cos. in for the long haul.
National Underwriter Property & Casualty-Risk & Benefits Management
; Thoroughness, specialization, financial acumen -- these are all critical components of successful inland marine underwriting. But never underestimate the power of creativity and the willingness to adapt to the changing marketplace. In todays environment, change is the only constant, and it is only
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Change Creates Inland Marine Opportunities
National Underwriter Property & Casualty-Risk & Benefits Management
; TIM QUERY IS A GRADUATE STUDENT AT THE UNIVERSITY OF GEORGIA. THIS ARTICLE IS A DIGESTED VERSION OF AN ESSAY WHICH WON SECOND PLACE IN THE INLAND MARINE UNDERWRITERS ASSOCIATION 1998 ESSAY CONTEST. Today's changing environment provides the inland marine underwriter with numerous challenges and
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Change Creates Inland Marine Opportunities.
National Underwriter Property & Casualty-Risk & Benefits Management
; TIM QUERY IS A GRADUATE STUDENT AT THE UNIVERSITY OF GEORGIA. THIS ARTICLE IS A DIGESTED VERSION OF AN ESSAY WHICH WON SECOND PLACE IN THE INLAND MARINE UNDERWRITERS ASSOCIATION 1998 ESSAY CONTEST. Today's changing environment provides the inland marine underwriter with numerous challenges and
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Internal competition concerns cited. (inland marine insurance underwriters) (IMUA Report)
National Underwriter Property & Casualty-Risk & Benefits Management
; SAN DIEGO, Calif. - Inland marine underwriters are facing increasing competition from people within their own companies and thesm internal battles need to be resolved, speakers at the Inland Marine Underwriters Association annual meeting warned. We are facing competition from our own package
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IMUA leader optimistic about 1992. (Inland Marine Underwriters Association Chairman Truman G. Hix) (Special Report: Inland Marine Review)
National Underwriter Property & Casualty-Risk & Benefits Management
; Although the inland marine line has faced many challenges over the last few years, including encumbering legislation, increased competition, a depressed economy and a persistent soft market, the incoming chairman of the New York-based Inland Marine Underwriters Association is optimistic about the
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Deregulation Challenges Inland Marine Firms.
National Underwriter Property & Casualty-Risk & Benefits Management
; Inland marine insurers need to get up to speed on the growing movement to deregulate commercial lines if they hope to take advantage of the trend and not be victimized by it, leading industry officials here warned. With a growing number of states either adopting or debating commercial lines
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Inland Marine Braces For 2000.
National Underwriter Property & Casualty-Risk & Benefits Management
; Inland marine underwriters face a growing number of challenges as the industry enters the millennium in the throes of an increasingly competitive market and with potentially catastrophic exposures such as the Year 2000 problem looming on the horizon. Despite profitable underwriting results and
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Inland Marine Braces For 2000
National Underwriter Property & Casualty-Risk & Benefits Management
; Inland Marine Results 1992 - 1996 Cause Of Loss Percentage of IM Losses Theft & Disappearance 24.1% Fire 10.4% Burglary & Robbery 10.1% Breakage, Collapse, Landslide 8.8% Extended Coverage Perils 8.0% Collision 7.5% Marine Perils 7.4% Water Damage & Flood 3.1% Other 20.6% Cause Of Loss
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Regulatory scrutiny of IM insurance on the rise. (inland marine) (Inland Marine Underwriters Association Convention Report)
National Underwriter Property & Casualty-Risk & Benefits Management
; LAKE LANIER, GaInland marine insurance is different than other property coverages and should be regulated differently, industry experts contend. A substantial sector of commercial [inland marine] coverages are singular in character and unique in loss exposures. These do not lend themselves to
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Inland marine lines still profitable despite soft mkt. (Inland Marine Underwriters Association Convention Report)
National Underwriter Property & Casualty-Risk & Benefits Management
; LAKE LANIER, GaDespite unequaled property and inland marine losses over the last four years, the inland marine segment of the property-casualty industry, fared better, overall than the property market as a whole, said Truman G. Hix. Mr. Hix, chairman of the New York-based Inland Marine Underwriters
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