Performance
‘Yes Men’ Are Killing Corporate Projects: Study
Misreporting of project statuses, at all levels of the company, is often to blame for corporate projects failing or ballooning in cost, according to a new study published in MIT's Sloan Management ...
A.M. Best May be Next with Negative Outlook for Reinsurers
A.M. Best currently has a stable outlook on the global reinsurance industry, but that could change when the rating agency revisits the outlook at midyear, the firm said in a special report Friday. ...
Chairman Becker Sees Bright Future for QBE; Not Quitting U.S. Programs
On his second day as chairman of QBE, Marty Becker told shareholders gathered at the group's annual meeting that a focus on "earnings stability and predictability" will guide the board in its ...
A.M. Best Boosts RSUI to A+; Moves Alleghany, TranRe Outlooks to Positive
Rating agency A.M. Best announced Wednesday that it upgraded the financial strength ratings (FSR) of members of RSUI Group to "A+" (Superior), citing continued strong capitalization, excellent ...
Pitfalls of Boosting Self-Esteem with ‘Empty Praise’ in Workplace
Reality TV has a way of highlighting the worst in people, even when they genuinely think they're doing their best. American Idol is just one example, in which contestants who can't carry a tune are ...
Combined Ratios Improved More than 9 Pts. in ’13 for RAA Reinsurers
The 18 U.S. property/casualty reinsurers included in the Reinsurance Association of America's survey of financial results for year-end 2013 saw net premiums fall 3.3 percent compared to 2012, but ...
Markel’s Michael Crowley: Former Broker COO Deepening Carrier Sales Culture
Michael Crowley had been in the chief operating role of property/casualty insurance organizations for nearly two decades when he signed on to be an executive for Markel Corp. in 2009. But for all of ...
From the Front Lines to the C-Suite: Farmers’ David Travers
When he was taking policyholder phone calls as a customer representative for a direct writing carrier 26 years ago, David Travers did not have designs on a position in the C-suite of an agency ...