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- Higher property insurance rates aren't reaching all lines, report says
Pricing for property insurance is increasing in many areas, but that isn't a trend for all lines, according to a Marsh report. Rates in loss-affected areas increased slightly, but those in other areas remained unchanged or dropped, and capacity in the global insurance market remains adequate despite more than $100 billion in insured catastrophe losses this year, Marsh said. The P/C insurance market in the U.S. is displaying signs that it could be hardening, and renewal results are "varying significantly from account to account," Marsh said. Business Insurance
(12/22)      
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- A.M. Best: P/C insurers must take steps to avoid ratings downgrades
A.M. Best says some insurance companies could face the threat of downgrade following the difficulties the industry faced during 2011. Insurers, however, can avoid this fate with careful underwriting and well-managed capital, the ratings company said. P/C insurers were hurt by a weak economy and a string of natural disasters, driving income for the first three quarters down to $12.8 billion, compared with $33 billion during the same period in 2010, A.M. Best said. PropertyCasualty360.com
(12/23)
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| Taking Charge | | |
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- 4 steps to putting together effective teams
To hire top-notch employees, figure out what attribute they absolutely must have, writes Jeff Haden. "Possibly that key attribute is attitude, or interpersonal skills, or teamwork, or a specific skill set -- whatever it is, your individual employees must possess that attribute," he writes. Then figure out how many employees with that attribute you need, and determine which traits your employees must not have, he writes. CBS MoneyWatch
(12/21)
- Leadership lessons from Santa Claus
Employee reward programs aren't worth it, because the effects on motivation are temporary, and, in some cases, detrimental, writes Paul Marciano, author of "Carrots and Sticks Don't Work: Build a Culture of Employee Engagement with the Principles of RESPECT." So scrap these programs and take a page out of Santa Claus' book by fostering an environment that inspires your employees to work hard, he recommends. "[F]ocus on creating a culture where your team members respect the work that they do and feel respected," he writes. SmartBrief/SmartBlog on Leadership
(12/21)
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- How to reduce the risk of using public Wi-Fi hotspots
Wi-Fi hotspots can be convenient, but use of the networks can present data-security threats. To protect yourself, don't let your devices automatically connect to hotspots, and look for networks that use WPA2 security, the Wi-Fi Alliance recommends. Also, make sure the websites you visit are using Secure Sockets Layer technology. These sites will have "https" at the beginning of their URLs. Entrepreneur.com
(12/22)
- Why radio is still an attractive medium for advertisers
Radio advertising can be a powerful platform for spreading information about your brand, as 93% of Americans who are at least age 12 listen to the radio on a weekly basis, according to a study. There are 1.4 million more weekly listeners than there were last December, according to the study, and more black and Hispanic listeners are tuning in. NetworkSolutions.com
(12/22)
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The dailyLead will not publish Monday
In observance of Christmas, the dailyLead will not publish Monday. Publication will resume Tuesday. Enjoy the holiday!
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