Thomas Motamed, Vice Chairman and COO of Chubb Corporation, is the 2007 Spirit of Life Award honoree for City of Hope hospital. City of Hope is one of the best cancer research and treatment facilities in the world, and the Spirit of Life Award recognizes “outstanding philanthropic commitment”. In this interview, Motamed tells Mark Wells of Insurance Journal why his descision to support City of Hope was an easy one.
One of today’s biggest insurance trends is green insurance as businesses look at ways to become more sustainable and cut costs. According to underwriters, the regulatory environment for green is changing dramatically as well. For example, the Securities and Exchange Commission (SEC) is requiring publicly traded businesses now disclose their climate risks and what they’re [...]
Listen to agency owner Claudia McClain explain why even in today’s social media world success involves more than just putting up a Facebook Fan Page. Claudia explains how her agency has continued to grow and prosper even in this difficult economic time. Her secret – an agency culture built around strong customer service and a [...]
Commercial roofing, already complicated, is getting more so as new types and materials are being introduced. Kenneth R. Gilvary, a senior engineer with Dallas-based Haag Engineering, specializes in assessing roof losses for insurers. Gilvary says claims professionals need to keep up with how green technology, including vegetative rooftops, and new building standards are changing the [...]
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, [...]
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 [...]
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 [...]
The current state of the economy has affected those in the claims industry in ways that may be surprising, but not far-fetched. At a recent claims conference in Las Vegas, Claims Journal talked with several in the claims industry about how the recession has affected their business.
Florida has not deregulated homeowners insurance rates as some wanted and the Office of Insurance Regulation has been busy handling insurer rates filings—more than 1,300 since last April. Since January, close to 400 requests have been filed, with about 225 of all different types and sizes approved. Insurance Journal’s Andy Simpson asked Florida Insurance Commissioner [...]
Oregon’s Insurance Administrator Scott Kipper may be leaving the state Department of Consumer and Business Services on Oct. 31, 2008, but the state will continue to have a good relationship with agents, as well as a competitive property/casualty insurance marketplace. In an exclusive interview with Insurance Journal’s Ken St. Onge, Oregon’s outgoing Insurance Administrator Scott [...]