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Articles in the U.S. REViews Summer 2007

Click here to view the Summer 2007 Edition in PDF format.

Serving Florida's Affordable Housing Market

Paul Dzielinski, U.S. RE Senior Vice President, recently secured Property and Builder's Risk insurance for the Carlisle Group, a leading developer of affordable housing in Florida. He worked with...

U. S. RE Arranges Non-Standard Auto

U. S. RE's Program Division recently secured a carrier for non-standard auto insurance written by Links Insurance Services, a Managing General Agency based in Boca Raton, FL. The Auto Liability and Ph...

CHAIRMAN'S CORNER

Reaffirming Our Goals - U.S. RE Today

U.S. RE is a different company today than when we opened our doors in 1988. We've grown from a reinsurance intermediary with a single office in ...

RAA Names Piccione Co-Chairman, Council Of Reinsurers And Brokers

Tal Piccione, Chairman and CEO of U.S. RE Companies, Inc., is the new Co-Chairman of the Reinsurance Association of America's Council of Reinsurers and Brokers, Frank Nutter, RAA President, announced....

TRIA Extension Issue Heats Up Again Program To Expire End Of 2007

It was enacted in 2002, extended for two years in 2005, and is now scheduled to sunset at the end of this year - we're talking about the Terrorism Risk Insurance Act (TRIA). Insurance industry sp...

Lack Of Business Interruption Insurance Spells Trouble For Small Firms

The primary reason small businesses fail after hurricanes and other disasters is lack of Business Interruption (BI) insurance. Unfortunately, according to a recent survey by the National Association o...

RAA Hails Proposal For Federal Reinsurance Regulation

Citing the need to modernize the regulatory structure in the U.S. to reflect the global nature of reinsurance, the Reinsurance Association of America (RAA) offered strong support for recently introduc...

Support Grows For Optional Federal Insurance Charter

The American Council of Life Insurers, the American Bankers Association, and The Financial Services Roundtable joined some 12 business groups to generate support for the optional federal insurance cha...

Optional Federal Charter - What Is It?

Insurance: The bill introduced in May by Sen. John Sununu (R-NY) and Sen. Tim Johnson (D-SD) would create an optional federal insurance charter and a federal insurance regulator....

U.S. RE Names Human Resources Director

U.S. RE has named Janet Slavinsky Director of Human Resources, Tal P. Piccione, Chairman and Chief Executive Officer, announced. "We're pleased to have Janet join our management team," Piccione said. ...

2007 Reinsurance Market - Mid Year Assessment

As challenging as the non-life reinsurance industry may appear, profits and returns are being maintained due to the lack of frequent severe catastrophe losses in almost two years. The European St...

2006 Best Year Since 1988 - Can It Last?

The property/casualty insurance industry had its best year in 2006 since 1988. Profitability hit an estimated 14 percent. The outlook remains favorable but leading industry analysts question whet...

U.S. RE Arranges Pumper Coverage

Following up on a program arranged two years ago to provide general liability coverage for boom trucks and cranes, U.S. RE has extended coverage to protect concrete pumpers. "We worked with Essex Insu...

First Of Its Kind In Turkey

U.S. RE's representative in Istanbul, Eray Turker, also the managing director of newly founded Turker Insurance and Reinsurance Brokers, has broken new ground in the Turkish reinsurance market by plac...

Entertainment Liability Specialist Turns To U. S. RE

Covering nightclubs, discos, bands, festivals, and entertainers may sound like a high risk business, but The Agency, an Owings Mills, Maryland, MGA has written a success story in this special insuranc...

Rushton Joins Atlanta Office

Tiffany D. Rushton joined U.S. RE's Atlanta office recently as a broker, Ashley Mims, Vice President, announced. Rushton came to U.S. RE from American Safety Insurance Services, Inc., Atlanta, where s...

New Business At U.S. RE Risk Alternatives

U.S. RE Risk Alternatives, LLC has been working on a number of new projects over the past several months that resulted in the closing of deals with clients in ambulatory transportation, technology, re...

U.S. RE-Europe On The Move

New Company Set Up in Denmark - Tailored to the special needs of the Danish non-life market, U.S. RE-Europe is launching a new company with headquarters in Denmark. Mark Lucas, Managing Director of U....

Industry Results: First Quarter 2007

The property/casualty insurance industry reported an annualized, statutory rate of return on average surplus of 12.9 percent during the first quarter 2007, down from 15.5 percent in last year's first ...

What's Bugging Insurance Execs?

A newly published survey of insurance industry leaders in 21 countries put "too much regulation" on the top of their worry list. The next two issues troubling insurance executives: natu...

Conning Study Shows P/C Industry Improves Reserves

The U.S. property/casualty industry improved its reserve position substantially in 2006, according to a new study by Conning Research and Consulting, Inc. "The property/casualty insurance industry...

Lloyd's Report: As Business Goes Global

Concerns regarding terrorism and political violence are causing businesses to avoid investing in politically sensitive areas or locating offices in large cities, according to a report, "Unde...

Florida Coastal Exposure - Economic Analysis

Florida is first in the nation on the scale of coastal hurricane risk with total insured value of $1.937 trillion, compared to New York's $1,901 trillion, reports Robert P. Hartwig, President of ...

What Next? Climate Change Liability

A Mississippi class action-complaint against 40 oil, energy, chemical, and gas companies has focused attention on what may be a new feeding frenzy for the trial bar - climate change liability. Plainti...