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Posts Tagged ‘RIMS

The Risk and Insurance Management Society, Inc. said New York State?s final compensation disclosure regulation for agents and brokers is not stringent enough and called on officials to gather more information.

RIMS move follows an Independent Insurance Agents & Brokers of New York announcement yesterday that it is going to court against the rule because it is too difficult for its members. RIMS asked the Department of Insurance to reopen Read the rest of this entry »

The average total cost of risk, made up of insurance premiums retained losses and risk management administrative costs, fell 9.4 percent per $1,000 of revenue in 2008, according to a survey.

The findings in the annual benchmark survey of Risk and Insurance Management Society came from a poll of over 1,300 U.S and Canadian risk managers.

New York research firm Advisen and RIMS jointly announced the survey results yesterday, which Read the rest of this entry »