Insurance industry attitudes toward gender neutral rating

Article Abstract:

The possible adoption of a gender neutral rating by the insurance industry has been zealously opposed from within the industry. Chief among the reasons for such an opposition was the resentment against possible government interference in the ratemaking procedure. Even among consumers, the present gender-based rating is preferred since they believe that all possible risks attendant to the policyholder's status and situation in life including gender should be considered. They believe that the present system best typifies the advantages of holding an insurance policy.

Evaluation, Beliefs, opinions and attitudes, Consumers, Attitudes

---

Attorney fee billing alternatives

Article Abstract:

Alternative attorney fee billing systems are discussed. The payment of an hourly fee to attorneys in liability cases by insurance companies is very popular but generally inefficient and should solely be used as a last resort and with certain modifications such as a schedule of decreasing hourly rates. A better billing system is one that uses a fixed fee system either on a case, phase or event basis. An ideal system is one that links the law firm's fee to it performance thus, necessitating the use of a maximum and minimum fee.

Legal services, Attorneys, Lawyers' fees

---

The future of reinsurance regulation

Article Abstract:

Six trends currently shaping the reinsurance marketplace may result in the development of new regulations. The six pertain to the expanded coverage of US regulators, imbalances between US and tax policies, risk financing of natural disaster hazards, risk management, consolidation and globalization. Together, these trends form a new regulatory paradigm that seeks less regulatory authorities and clearly define roles for regulatory agencies.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Reinsurance, Reinsurance Carriers, Insurance Regulation, Industry Overview, Analysis, Industry regulations, Government regulation of business, Trade regulation, Insurance law

Similar abstracts:

• Abstracts: Three trusts benefit wealthy, older clients. Consumption tax proposals can alter future of insurance. Life insurance makes charitable gifts grow
• Abstracts: Embracing technology adds to agency power. Initiatives can bring agents a brighter future. True independence depends on the agent
• Abstracts: An Intermediary's View of the Reinsurance Market. Insurers warned of diminishing reinsurance capacity
• Abstracts: Tried-and-true paths to college funding. Avoid U.S. estate taxes with life insurance
• Abstracts: Why companies are looking at omnibus pay programs. One-stop shopping for expanding family-care benefits. How companies can become more family friendly

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.