All GLG News Analyses Filed Under: Insurance & Risk Management
Posted May 13, 2008
Agents Must Involve Their Insureds In The Policies Written For Them
Analysis of: Hurricane and Windstorm Deductibles | www.iii.org
Author: GLG Member Program Contributor
Analysis of: Hurricane and Windstorm Deductibles | www.iii.org
Author: GLG Member Program Contributor
An Educated And Fiscally Involved Insured Is Good Business For Everyone
Posted May 12, 2008
The "Credit Crisis" will continue to Reverberate: AIG and Similar Insitutions Record Losses!
Analysis of: AIG Posts $7.8B Loss For 1Q | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Analysis of: AIG Posts $7.8B Loss For 1Q | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Implications: 1.Many Regional Financial Institutions have reported similar losses and a Plan for Re-Capitalization. 2. Poor results causation: A. Stock Market Volatility, B.The Credit Crisis and, C. Weakness in the Housing Market. 3.The ESTIMATES , so state, that the sub-prime matter is 75 % to 85 ...
Posted May 7, 2008
Insurance Scoring is a Compliance Nightmare: 50 States, 50 Sets of Rules
Analysis of: Credit Scoring | www.iii.org
Author: GLG Member Program Contributor
Analysis of: Credit Scoring | www.iii.org
Author: GLG Member Program Contributor
In the absence of a sweeping change in federal legislation, insurance underwriting today is regulated by the states. This means that when the Mississippi or Texas or Alaska state legislature passes a new bill governing the use of credit scores in insurance underwriting, all involved parties must...
Posted April 29, 2008
Smart Homeowners Insurers Use More Than Cat Models
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
A recent news story quotes the insurance modeling pioneer Karen Clark as saying, with keen insight, that insurers rely too much on catastrophe models. This analysis provides background on cat models and how homeowners insurers use them. The analysis also offers suggestions...
Posted April 29, 2008
What the fall in Wellpoint's Profitability means to the industry
Analysis of: WellPoint Net Slides 25% | online.wsj.com
Author: GLG Member Program Contributor
Analysis of: WellPoint Net Slides 25% | online.wsj.com
Author: GLG Member Program Contributor
This article clearly shows to me that insurers will price business to sell when it makes no sense which results in them telling Wall Street they underpriced the business. We see them so crazy competitive on cases that nobody else even wants just to bring their total membership up to please Wall Street...
Posted April 29, 2008
Are you Talking to the Wrong Underwriter?
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Insurers' actuarial studies include consideration for catastrophes(cats) in their recommendation of rates and underwriting but they are not the sole factor. The underwriter is the ultimate decision maker. What happened is that insurers took too much risk in hurricane areas. They finally woke up and...
Posted April 28, 2008
Credit Scoring Should Not Be Used In Determining The Price For Insurance Except For Bonding.
Analysis of: Credit Scoring | www.iii.org
Author: GLG Member Program Contributor
Analysis of: Credit Scoring | www.iii.org
Author: GLG Member Program Contributor
Credit scoring further injures those applicants who have had very difficult changes in their lives- mostly by no fault of their own.
Posted April 22, 2008
Cat Modeling is Here to Stay
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Analysis of: Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Author: GLG Member Program Contributor
Primary insurers and reinsurers will demand that catastrophic modeling be used in order to justify their underwriting decisions of this type of insurance. These newer models in conjunction with in-house capacity aggregation tools (Insurers now know where and how much of their capacity...
Posted April 21, 2008
Florida's Soft Market May End Due To Legislative, Not Natural Distasters.
Analysis of: Senate passes homeowner's insurance bill tougher on companies | www.sun-sentinel.com
Author: GLG Member Program Contributor
Analysis of: Senate passes homeowner's insurance bill tougher on companies | www.sun-sentinel.com
Author: GLG Member Program Contributor
Let The Industry Stabilize And Grow By It's Own Dynamics Instead Of Another House Bill.
Posted April 21, 2008
Important Issues for Florida Property Insurance
Analysis of: Florida Property Insurance Poll: No More Quick Fixes | www.insurancenewsnet.com
Author: GLG Member Program Contributor
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of 203Analysis of: Florida Property Insurance Poll: No More Quick Fixes | www.insurancenewsnet.com
Author: GLG Member Program Contributor
This article addresses issues about Florida Property Insurance that are important to policyholders, insurers, and the general public. The basic thrust of my comments are to outline important actions for the state and the insurance regulators to take, and to explain why heavy regulation of insurance...
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Source Article | Expert Analyses
The Trickle-Up Bailout
www.washingtonpost.com
Apple falls on consumer spending fears
www.ft.com
Aberdeen in tie-up with MUFG
www.ft.com
Residential Mortgage Appraisal Should Consider Income Approach
Pension funds cannot escape financial crisis
www.iol.co.za
Proposal: Use of $700B Bailut Funds
October 7, 2008
$700 Billion Bailout Attacks The Symptoms Not The Cause
October 3, 2008
Apple is Positioned for the Future!
October 3, 2008
Blame the models and Risk Based Pricing
September 30, 2008
Don't Blame the Models
September 29, 2008

