Former N.Y. Superintendent Takes Stock of His Tenure
Looking back on his two-year tenure, former New York Superintendent of Insurance Howard Mills suggests that insurance actions by attorneys general came about because there was a vacuum in insurance regulation, a vacuum he thinks the department is now equipped to fill. Mills believes state lawmakers, not regulators, should settle agency compensation questions. Of the new Spitzer administration, he said he believes it will work to strengthen insurance markets.
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Markets in Motion: Solar Manufacturer Warranties
The alternative energy market has many complicated angles to it, including solar warranties, which are essential to solar manufacturers as well as to the development and funding of solar projects.
According to Mike McMullen, president of PowerGuard Specialty Insurance Services, banks are hesitant to lend against some larger solar projects because of the severe credit [...] -
Excellent Claims Service when Clients Need it Most
Engle Martin & Associates is an independent adjusting firm providing claims services to the insurance industry. In this interview with Claims Journal, Susan Froman, Engle Martin’s Director of Sales, discusses the growth of the company and providing service to their clients when they need it most.
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‘Uncomfortable Change’ Paves Road to Perpetuation
Too often agency principals find themselves facing a forced sale as a result of not having a proper perpetuation plan. In this podcast, MarshBerry president John Wepler discusses the many difficult and “uncomfortable” decisions required of an owner seeking to properly–and profitably–perpetuate the firm. Listen to this frank conversation as John offers some good news: [...]
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Get Smart About Insuring Intellectual Property
The Internet makes it easier to get into business but it also makes it easier to steal others’ ideas. The Web is also expanding the notion of what materials, images and designs need to be protected. Intellectual property attorney David Branfman advises agents on questions to ask clients about intellectual property exposures and warns about [...]
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Risk Management’s a Priority for Moving Company
Moving companies face a number of exposures in their daily operations, including workers compensation, cargo, fleet and general liability. Priority Moving in San Diego, Calif. is no exception. A Wheaton Van Lines agent, Priority Moving has created a series of internal procedures, reinforced by a strong employee screening process and training program. Analytics software [...]
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Cyber Breaks, Insurance and Data Breach Response Advice
Stroz Friedberg is a consulting firm that does computer forensics, mobile phone forensics, electronic discovery and cyber crime response, operating at the intersection of law, technology and behavioral sciences. David Garrett, managing director of Stroz Friedberg’s San Francisco office, explains why clients may or may not have cyber risk insurance, whether those that have the [...]
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Inside IMCA Interview with Thomas Wetzel
Inside IMCA Interview with Thomas Wetzel at the 2005 Annual Meeting Communcation Roundup
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Interview with Big I’s Alex Soto, Take 1: The Truth About Katrina Claims
The insurance industry has done a poor job of getting out the truth about how well it handled
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Managing an Agency in a Troubled Economy: An Agency’s Best Investment
Stock market volatility and poor economic conditions create investment challenges for businesses or investors. New investment opportunities must be weighed carefully, says InsurBanc’s executive vice president and senior lending officer Bob Pettinicchi. In these times, agents just might find that the best investment they can make is their very own agencies.
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