California Wildfires: Insurers On Site at Evacuation Centers
Insurance company claims personnel have come out from behind their desks and traveled to the evacuation sites where victims of the continuing wildfires in southern California have gone for shelter. Farmers Insurance Co. CEO Paul Hopkins tells of his company’s experience at one such site at Qualcomm Stadium in San Diego and looks ahead to the rebuilding that will be needed after the fires are contained.
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London Calling
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 [...]
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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 [...]
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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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Steve Anderson on the Current State of Agency Automation
From the vantage point of The Automated Agency Report, Inc., Steve Anderson has followed XDimensional
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Outbreak Extra Expense
Outbreak Extra Expense
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Managing an Agency in a Troubled Economy: How Agents Can Get Credit When They Need It
Unlike many other businesses, most insurance agencies don’t routinely depend on access to credit for working capital. However, insurance agents have event-driven needs for capital, and sound business practices make access to capital easier. In the first in a series of conversations with Insurance Journal’s Andy Simpson, Bob Pettinicchi, executive vice president and senior lending [...]
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