Insurer openness key to improving image

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

More from Wednesday

• New chairman confident PCI ready to rise to challenges
• Faneuil Hall home to diverse marketplace

Click here for Wednesday's issue

Back to Top

Lawmaker eyes plan to expand backstop

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

• Insurers warm to new efforts that address climate change
• Industry told to polish its public image

Click here for Tuesday's issue

Back to Top

New chief Sampson eager to learn, serve

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

• Terror cover, climate issues among topics at PCI meeting
• Walk through history on Freedom Trail

Click here for Monday's issue

Back to Top