NEWS
6 U.S. PRIVATE INSURERS’
Net Income Down 71% For First-Half 2011
S
OCTOBER 17, 2011
VOL. 115, NO. 37
QUOTE OF
THE WEEK:
“Right now you can get a policy
with a $1 million limit for $1,500
in premium. That is worrisome. It’s
too cheap. Companies will buy
the coverage and think they don’t
need to do anything to secure their
systems.” See page 7
NAPSLO CONFERENCE REPORT
7 MARKEL: DATA BREACHES
Not Just Aimed At Large Cos. Anymore
7 LLOYD’S TAKES OVER
Top Spot In Surplus-Lines Premium From AIG
8 NEW RMS MODEL
Raising Questions Among Insureds, Producers
8 ONE GIANT RISK:
Supertankers Could Present New Surplus Opportunity
NU ROUNDTABLE:
EXCELLENCE IN WORKERS' COMP
RISK MANAGEMENT
15 SAFETY, RETURN-TO-WORK FOCUS
Highlight Best Workers’ Comp Programs
E WC Wisdom p. 15
CLAIMS
12 FEATURED FRAUD:
Sparks To Fly In Texas
Courtroom
12 THE TOP 5
MISCONCEPTIONS
Jurors Have About
Insurers
RISK MANAGEMENT
13 WOLTERS KLUWER EXPANDS
ERM Consulting Services To Finance,
Insurance Players
13 WORKERS’ COMP
Lost-Time Claims Increase 3%
13 CROUSE HONORED
With 1st Karen Cutts Visionary Award
OPINION
EDITOR'S CORNER
5 CONFESSIONS OF
An Uninsured man
By Bryant Rousseau
E Cost Of
Copying p. 26
25 YOUR TURN:
Reader Comments On The Web
FINAL SAY
26 THE PERILS OF
Copycat Ratemaking
By David Cummings
E Suiting
Up p. 20
BUYERS REPORT:
LITIGATION MANAGEMENT
20 LITIGATION MANAGEMENT
Increasingly Important Role For RMs
22 WITH UNPREDICTABLE JURIES
And “Outrageous Verdicts,” Opting To Settle Is Often Best Strategy
WASHINGTON
WATCH
24 FSOC OFFERS DETAILS
On How Insurers Could Be
Designated “SiFi”
LISTINGS
25 ADVERTISER INDEX
22 CAREER CENTER
23 MARKETPLACE
PropertyCasualty360.com October 17, 2011 | National Underwriter Property & Casualty | 3
NATIONAL UNDERWRITER P&C (ISSN 1042-6841) is published weekly (except the last week of January, the second week in February, the second week in June, the first week
in July, the third week of August, the first week in September, the last week in November and the last week of December) by The National Underwriter Co., 5081 Olympic Blvd.,
Erlanger, KY 41018-3184. Periodicals postage paid at Covington, KY and additional mailing offices.
POSTMASTER: Send address changes to National Underwriter P&C, PO Box 2157, Skokie, IL 60076. Allow four weeks for completion of change.
SUBSCRIPTION RATES: $249.00 US, $289.00 Canada, $369.00 International. TO ORDER: call 800-458-1734, fax 847-763-9587, write National Underwriter P&C,
PO Box 2157, Skokie, IL 60076 or visit PropertyCasualty360.com. Outside US, call 859-692-2100 or fax 859-692-2246.