Drive for nonstandard auto profits puts agents at risk

Article Abstract:

Independent agents have accounted for over 70% of the premium volume in the nonstandard personal automobile insurance sector but some large carriers are now bypassing independents. Insurance for drivers with bad records or vehicles of high risk has become a major attraction in the industry, but this increased competition is leading to consolidation and a shakeout of smaller players. Big firms are increasing telemarketing and other forms of direct marketing to bypass independents.

Fire, marine, and casualty insurance, Auto Insurance, Insurance industry, Cover Story, Statistics, Automobile insurance, Independent insurance agents

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Malpractice insurers target alternatives

Article Abstract:

Medical malpractice insurers are paying greater attention to chiropractors, acupuncturists, and other nontraditional health providers as they gain more acceptance from the public. There are less than 50 medical malpractice insurers who service alternative medicine providers, since these providers account for less than 5% of total medical malpractice writings. The soft market for traditional clients is another attraction to alternatives.

Surety insurance, Offices of All Other Miscellaneous Health Practitioners, Malpractice Insurance, Offices of Other Health Practitioners, Professional Medical Workers NEC, Alternative medicine, Medical personnel, Insurance, Medical malpractice insurance

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