Credit Card Deal on Target for JP Morgan and Target
May 12, 2008
Target in credit card deal with JPMorgan | www.ft.com
The credit card deal announced between Target and JP Morgan makes sense for both parties. It allows Target to address shareholder concerns regarding its card business and mitigate potential growing credit losses. It enables JP Morgan to further develop its private label retail card strategy by taking a substantial interest in the Target portfolio, while placing limits on its loss exposure. There is protection for both parties as well as options to further extend the relationship.
Credit Scoring Should Not Be Used In Determining The Price For Insurance Except For Bonding.
April 28, 2008
Credit Scoring | www.iii.org
Credit scoring further injures those applicants who have had very difficult changes in their lives- mostly by no fault of their own.
April 22, 2008
Insurers Overly Focused On Cat Models, Says Expert | www.propertyandcasualtyinsurancenews.com
Primary insurers and reinsurers will demand that catastrophic modeling be used in order to justify their underwriting decisions of this type of insurance. These newer models in conjunction with in-house capacity aggregation tools (Insurers now know where and how much of their capacity is in play) will guide their underwriting decisions from windstorm and earthquake to workers compensation in terrorism prone cities like DC and NYC. The process is another way to spread the risk, so that any one insurer does not take a huge hit from any one event. Using technology to spread risk will utimately decrease volatility in insurance markets.
Florida's Soft Market May End Due To Legislative, Not Natural Distasters.
April 21, 2008
Senate passes homeowner's insurance bill tougher on companies | www.sun-sentinel.com
Let The Industry Stabilize And Grow By It's Own Dynamics Instead Of Another House Bill.
Discover Goes Global With Diners Club Acquisition – A Positive Step
April 14, 2008
Diners Club assets sold to US card issuer | www.businesstravelworld.com
The Discover Card acquisition of Diners Club International is a positive step, addressing one of Discover's competitive weaknesses, the lack of a strong global merchant acceptance network. But it is only one component of the comprehensive solution needed to address Discover’s competitive weakness versus Visa, MasterCard and American Express.
With Hurricane Season Approaching, Have Insurers Been Charging Enough?
April 14, 2008
Active hurricane season predicted | www.businessinsurance.com
This Storm Season Will Identify Those Carriers Who Have Managed Growth And This Soft-Market With Discipline.
Florida Property Insurance Poll: No More Quick Fixes
March 31, 2008
Florida Property Insurance Poll: No More Quick Fixes | www.insurancenewsnet.com
Government band-aids can only cover injuries that a true free market can heal.
March 26, 2008
US property insurance 2008 rates seen flat to soft | www.reuters.com
In this soft-market, Insurance profit centers must add as many new clients as is possible, but must adhere to strong fiscal discipline at the same time.
March 24, 2008
New ‘Bermuda Triangle’ Emerging, | www.propertyandcasualtyinsurancenews.com
Compliance proceedures resulting from overwhelming government regulation of the insurance industry has produced an expense at agency level greater than that of policy acquisition.
Using An Applicant's Credit As A Rating Factor For Insurance
March 24, 2008
New ‘Bermuda Triangle’ Emerging, | www.propertyandcasualtyinsurancenews.com
The rates and availability of insurance policies are issues difficult enough. "Credit scoring"adds to the difficulty.
E-Insurance: When will the insurance industry adopt modern communication tools?
February 14, 2012
ATMs could distribute prepaid Visa cards
January 23, 2012
PayPal can thrive as a standalone company
January 9, 2012
Europe's CO2 Emissions Trading System works, but it can be improved
December 16, 2011
European women wonder why their insurance premiums will increase
December 15, 2011