New Options in Agents’ E&O Market
The market for insurance agents’ Errors and Omissions coverage is heating up. Robin Sterneck of Swiss Re provides details on the state of the marketplace and on Swiss Re’s own new multi-tiered offering that could make it easier for newer or higher risk agencies to obtain coverage.
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Featured
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Flood Fiasco
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 [...]
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Social Media: The New Community
Women between ages 55 and 65 make up the largest growing demographic of Facebook users, which makes Claudia McClain, President of McClain Insurance Services in Everett, Washington a comfortable newbie, joining the social networking site just one year ago.
In this interview with Mitch Dunford, McClain discusses social media’s affect on the insurance industry and how [...] -
New York’s Answer to Lloyd’s of London
A proposal by regulators in New York to re-launch the New York Insurance Exchange and create a U.S.-based Lloyd’s of London competitor, is one of the most closely watched stories in the industry. Maria Filipakis, special counsel for the New York State Insurance Department is overseeing the plan, which is in the process of being [...]
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Insurance Risks at Gatorland Theme Park
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 [...] -
From Vine to Wine
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.
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Fast Food Chain Battles Fraudulent Claims
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, [...]
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Agency Hiring in Today’s Economy
Agency consultant Al Diamond of the Agency Consulting Group with some tips on how insurance agents might capitalize on other industries’ woes.
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The Perfect Storm
A perfect storm could be in the industry’s forecast should the impact from the subprime fallout, natural disasters and carrier reserve redundancies converge later this year, says Paul Springman, president and chief operating officer of Markel Corp. In this interview with Insurance Journal’s Andrea Wells, Springman says that while he remains optimistic about the future [...]
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Barrett Hubbard, Markel Insurance Company / IIABA 2003 InfoXchange
Interview with Markel Insurance Company VP, Marketing/Business Devel., Barrett Hubbard, at
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