scholarly journals Correction to: The IDD and Its Impact on the Life Insurance Industry

Author(s):  
Kyriaki Noussia

The author unintentionally referred to parts of the chapter “Enaction of Chapter VII of the Insurance Distribution Directive: What Can Member States Learn from the Enforcement Failures of the United States?” by Kathleen M. Defever in this book without proper citation. These inaccurate identifications have been corrected in the chapter.

PEDIATRICS ◽  
1986 ◽  
Vol 78 (2) ◽  
pp. 378-378
Author(s):  
R J M

In Reply.— Dr Vince's letter was submitted to an insurance consultant, who verified that Dr Vince's scheme would work in the United States as well as in Canada. He also stated the following with regard to the issue of dissemination of information in the second paragraph of Dr Vince's letter: The life insurance industry many years ago created the Medical Information Bureau. All data submitted to any participating insurer is transmitted in code form to the Bureau, where it is filed. It is accessible only to participating insurers and certainly never to prospective employers.


Author(s):  
Gayle Magee

The sinking of the Lusitania and the subsequent shift in the United States from neutrality toward participation in World War I affected Charles Ives in both his music and his business as a life insurance executive. The tragedy’s effect on the insurance industry was far-reaching, and government proposals to supply insurance to soldiers were initially resisted. As an artist, Ives sided with the soldier as “everyman” in his war songs and in his use of the hymn “In the Sweet Bye and Bye” in “From Hanover Square North” and “The Things Our Fathers Loved.” Ives’s insurance firm suffered financial losses initially but then supported engagement, participating fully and generously in public initiatives like the Liberty Loan campaigns.


Author(s):  
Medha Srivastava ◽  
Alok Kumar Rai

The widespread reverence for customer loyalty among marketers and businesses all across the globe is inspired from its manifestations since it’s the consumption decisions of loyal customers that leave a mammoth mark over the revenues and growth of a firm. A throng of behavioural, attitudinal and cognitive manifestations of customer loyalty are available in the literature some of which are widely acknowledged and accepted whereas others call for further inquiry. These manifestations of loyalty among customers are generally pinned down through their actions (Zeithaml et al., 1996; Jones et al., 2000) or their attitude towards the company or a particular product/ service (Javalgi and Moberg, 1997; Butcher et al., 2001). However, recent literature suggests that another outcome of loyalty is customer preferring a particular service provider to others based upon the conscious evaluation of brand attributes (Gremler and Brown, 1996; Butcher et al., 2001). The paper intends to explore and empirically test various manifestations of customer loyalty in the context of life insurance services thereby, extending the existing knowledge of customer loyalty by outlining the distinctive nature of customer loyalty outcomes and offering useful insights to the marketing practitioners in life insurance industry. The study further groups these manifestations into distinct outcome classes and empirically evaluates them by comparing and contrasting each with the other. It also aims to enrich the literature of customer loyalty by developing and validating a scale for measurement of customer loyalty outcomes with special reference to life insurance services.


Author(s):  
Kirsten D. Orwig

Convective storms affect countries worldwide, with billions in losses and dozens of fatalities every year. They are now the key insured loss driver in the United States, even after considering the losses sustained by tropical cyclones in 2017. Since 2008, total insured losses from convective storms have exceeded $10 billion per year. Additionally, these losses continue to increase year over year. Key loss drivers include increased population, buildings, vehicles, and property values. However, other loss drivers relate to construction materials and practices, as well as building code adoption and enforcement. The increasing loss trends pose a number of challenges for the insurance industry and broader society. These challenges are discussed, and some recommendations are presented.


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