PCI 2007
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Insurer openness key to improving image
By Meg Fletcher
BOSTON--Insurers operating in coastal areas need to be more open with customers and local journalists to help improve their image and reputation among consumers, media panelists said.
If they fail to improve on that front, insurers may face growing consumer support for government-sponsored insurance programs that will threaten some profitable markets, the panelists said. ... more
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Lawmaker eyes plan to expand backstop
By Meg Fletcher
BOSTON--A key House lawmaker says he has a plan to encourage passage of a bill to expand and extend the federal backstop for terrorism coverage.
Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, told members of the Property Casualty Insurers Assn. of America Monday that he has asked his committee staff to prepare a bill asking for a 120-day extension for the federal backstop for terrorism coverage, which is due to expire at year's end... more
More from Tuesday
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New chief Sampson eager to learn, serve
By Rodd Zolkos
For David A. Sampson, the first couple of months on the job with the Property Casualty Insurers Assn. of America resulted in relatively little time in his Des Plaines, Ill., office or the townhouse he now calls his Chicago home, and a lot of frequent-flyer miles.
But talking with the PCI's new president and chief executive officer, you get the impression he wouldn't have it any other way... more
More from Monday
