
On Feb. 28, the National Flood Insurance Program lapsed for several days because Congress failed to pass reauthorization. That was just the latest issue for this program that is becoming a major concern for independent agents. Their worries: insufficient coverage, insufficient limits and insufficient leadership in Washington when it comes to this key program. In [...]
Astonish Results CEO and Founder Adam DeGraide interviews Insurance Journal CEO, Mitch Dunford to discuss how his previous SWAT team experience with the Redmond Police Department relates to the insurance industry.
Insurance companies and regulators are exploring usage-based car insurance — also known as “Pay as You Drive” — a voluntary system that promises to to modify driving behavior and, perhaps, even the climate.
If you ever had doubt about the need for Fidelity & Crime Insurance –which protects employers against employees stealing from them– just check out the annual report on embezzlement put out by the Boston-based law firm Marquet International . The study has some noteworthy findings, including:
- The average loss is more than $1 million.
- [...]
Based in San Diego, Jack in the Box Inc. was founded in 1951 and is the first major fast-food chain that started as a drive-thru. Today, it has approximately 43,000 employees with more than 2,200 quick-serve restaurants in 18 states. In this episode, Jack in the Box deputy general counsel of 12 years, [...]
Jim Whetstone, senior vice president of technology and privacy at Hiscox, is in charge of his firm’s privacy product that covers data breaches and privacy related exposures. In this part of a recent interview with Insurance Journal’s Andrew Simpson, Whetstone discusses the exposure, the coverage, and what types of firms are at risk.
Watch the [...]
Astonish Results CEO and Founder Adam DeGraide interviews President Tim Sawyer setting the stage for the e-Marketing Minute for 2010. This is a powerful interview for insurance agents to help them learn how to serve the Modern Consumer on the Internet.
Presented by Astonish Results.
As senior vice president of technology and privacy at Hiscox, Jim Whetstone is focused on data and privacy-related issues. In this recent interview with Insurance Journal’s Andrew Simpson, Whetstone discusses how privacy breaches occur and if there is any typical scenario.
Watch the second video in this series: Insurance Steps in When Privacy is Breached
Listen [...]
While CNA saw an improvement in its investment income for the third quarter, as did other insurers, economists suggest that overall, the PC industry has to get accustomed to the idea of lower investment income for the foreseeable future. We asked Thomas Motamed, CNA Financial’s CEO and chairman, whether he thinks the industry is prepared [...]
With the debate on healthcare reform in Washington focused in part on the repeal of the antitrust exemption for medical malpractice insurers, we asked Thomas Motamed, CNA Financial’s CEO and chairman, what effect he thinks it might have on the medical malpractice market. In addition to healthcare reform, CNA’s Motamed is keeping his eye on [...]
Insurance innovation: is it an oxymoron? That was a question posed at the recent Professional Liability Underwriters’ Society in Chicago. We asked Thomas Motamed, CNA Financial’s CEO and chairman, whether he agrees or whether he thinks the insurance industry does a good job identifying trends and creating new products.
American International Group is, obviously, a large company, and the effects of its recent troubles have been felt throughout the property/casualty Insurance industry. We asked Thomas Motamed, CNA Financial’s CEO and chairman, what he sees as the effects of the AIG troubles.
Recent property/casualty insurer financials showed improvement but Thomas Motamed, CNA Financial’s CEO and chairman, isn’t jumping for joy yet. Investment income is down and underwriting results aren’t improving, he says in this interview with Insurance Journal’s Andrew Simpson. That means companies like his have to stress pricing and underwriting discipline even though the economy continues [...]
Insurance innovation…is it an oxymoron? That was the provocative title of a panel at the Professional Liability Underwriters Society meeting in Chicago. One of the panelists, Leib Dodell, now with the new ThinkRisk Underwriting in Kansas City and formerly president and CEO of Media Professional Insurance, discusses why and how the insurance industry should embrace [...]
Climate change is in the news and the insurance industry and those who regulate it are very much in the middle of the debate, as evidenced by the activity at the recent meeting of the National Association of Insurance Commissioners in San Francisco. Insurance Journal asked Commissioners Joel Ario of Pennsylvania and Mike Kreidler of [...]
Amy Bryan, owner of Bryan Insurance Agency in New Windsor, N.Y. opened her own independent insurance agency at the age of 22. She had no carrier appointments and no customers when she launched her agency in 2004, ut it didn’t take long for Amy to attract quality carriers and customers. Now, at just 28 [...]
To the 77 percent of independent insurance agencies that don’t have a social media presence, creating a profile and trying to form “friendships” via a computer can be daunting. Once you get online, however, tools such as blogs, Facebook, LinkedIn and RSS feeds actually can help an agency build more thoughtful relationships with other agents [...]
London Based specialty insurer Hiscox, which launched a significantly expanded US presence in 2006, saw its gross profits reach record levels of 481 million dollars last year. Recently, the company’s chief underwriting 0fficer, Rob Childs, sat down to discuss the profitability for the company and what he sees as the outlook and obstacles for [...]
Opened in 1949, Gatorland is central Florida’s oldest theme park. The 110-acre attraction is home to a multitude of animals, including the powerful alpha predators that are the park’s namesake.
With over 100 employee roles, ranging from custodial and food handling to gator wrestling, the potential for injury is great; however, the incident of harm at [...]
Don Reha is the winemaker for Orfila Vineyards and Winery in Escondido, California where he oversees the winemaking process from vine to bottle. In this episode of Watching the Risks, Reha talks about insuring and protecting the product and business income through its various stages.
Based in San Diego, Jack in the Box Inc. was founded in 1951 and is the first major fast-food chain that started as a drive-thru. Today, it has approximately 43,000 employees with more than 2,200 quick-serve restaurants in 18 states. In this episode, Jack in the Box deputy general counsel of 12 years, [...]
Thomas Motamed joined CNA Financial as Chairman and CEO in January, 2009 after 30 years at Chubb Corp. In this interview, he talks about the changes he has in store at CNA.
The climate has changed for the insurance industry, says Washington Insurance Commissioner Mike Kreidler, who thinks insurers can’t continue to walk away from tough markets but must get involved in mitigation, building codes and climate change. He spoke with Insurance Journal’s Andy Simpson last fall.
Incoming president Mac Wesson of U.S. Risk Insurance Group says it pays the association well
In Dunmoyer’s view, the number of California homeowner underinsurance complaints brought to
A woman rear-ends a man who slams his face into his lunch.