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The environmental cleanup response to the Deepwater Horizon Oil Spill in the Gulf of Mexico is an unprecedented endeavor. It encompasses operations on land, along the vast shoreline and over open water—all of which present insurable exposures.

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J.P. West’s Eileen Frank on Growth Potential in a Challenging Economy (Part 3 of 3)

In the last of a three-part interview with National Underwriter, Eileen A. Frank, president of J.P. West Inc., talks about how brokers can maintain their books of business and keep growing in such a challenging economy.

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Part 1: J.P. West’s Eileen Frank on Improving Communication between Carriers and their Agents & Brokers
Steven Weisbart Identifies Trends and Challenges for P&C Insurers

E&S/Specialty Lines Extra

What questions should insurance brokers and underwriters be asking customers about cloud computing and its impact on exposure and coverage? In this article, Erich Bublitz, technology practice leader for ThinkRisk Underwriting Agency, explains the basics of cloud computing and addresses the implications of using cloud services to the technology E&O and network security insurance landscape.

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Agent/Broker
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Agencies Can Hold The Fort On Valuation Despite Recession
Despite a struggling economy and stubbornly soft commercial insurance market, limiting revenue growth and profitability, there are ways for independent agencies and brokerages to protect and even boost the valuation of their firms, say a pair of experts from Reagan Consulting Inc. in their latest “Agency Best Practices” report.
Risk Management
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U.S. Captive Domiciles Grow Despite Lingering Recession
With the dust starting to settle from the recession that hammered the economy and state budgets so hard in 2008, reverberating well into this year, alternative risk-transfer facility launches are getting back to normal, leading captive players contend.
E&S/Specialty Markets
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D&O Coverage Expands To Address Informal Regulatory Investigation Costs
A buyers' market continues for directors and officers liability insurance, with double-digit price declines now possible for  financial institutions and non-financial firms alike, and carriers unveiling new forms and endorsements including long-sought coverage for regulatory investigations.
Commercial Insurance/ Reinsurance
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Eye Of The Storm: U.S. Economic Woes Ripple Through Global Re Market
With the United States at the epicenter of a recession fueled by the mortgage and credit market crises, ripples are still being felt in the global reinsurance market. And while a stagnant economy may be keeping prices stable for many, the ever-present “elephant in the room”—the threat of another major hurricane—is forcing rate hikes for those exposed, industry players say.
Vacant Property
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The Outlook for Vacant Property
Not long ago, a shopping block in the tony New York suburb of New Rochelle was awash in stylish restaurants and small, attractive retail stores. These days, almost a third of more than a dozen storefronts sit dark and empty, apparent victims of the job losses and other concerns that continue to weigh on the broader economy.

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Calendar

September 14
Cityplace Conference Center
Dallas, TX
September 14

Dallas, TX
September 15
The New York Helmsley Hotel
New York, NY
September 19
Manchester Grand Hyatt
San Diego, CA
September 29
OceanCliff Hotel
Newport, RI
September 30

Chicago, IL
October 03
Hyatt Regency Dallas
Dallas, TX

NU Exclusives

A trio of award-winning agencies show how an emphasis on client service and risk management can assure growth despite a bad economy and soft insurance market.
The Mid-Year Conference of the National Association of Professional Surplus Lines Offices, Ltd. was held March 4-5, 2010 in Scottsdale. Click here for highlights from the NAPSLO Forum.
Do carriers care what producers think? What matters to agents and brokers in deciding which carriers to do business with? Check out the results of our survey with Deloitte and see.
For the fourth-consecutive year, NU spotlights three award-winning programs in keeping workers safe while getting those who are injured back on the job as quickly as possible. A trio of top-flight risk managers share the secrets of their success.
NU's award program invited risk managers to rank insurance providers on 14 lines of insurance. The survey was produced in partnership with Flaspöhler | Research Group and includes additional insight into what commercial insurers need to do to attract and hang on to their customers.

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