It’s Only a Matter of Time
The directors and officers liability market has been impacted by a number of events in the last decade, including issues arising from the sub-prime lending meltdown. While the impact of today’s mortgage crisis on the D&O market remains to be seen, Carl Pursiano, Senior Vice-President for Liberty International Underwriters, says the industry is well-prepared to handle the fallout but adds it’s only a matter of time before rates begin to firm, again.
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Featured
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Markets in Motion: Going Green
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 [...]
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Social Networking is not a Silver Bullet
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 [...]
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How Green Roofs Are Changing Insurance Claims
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 [...]
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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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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 [...]
Random
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Mass. Commissioner Burnes: What Happens Between Now and Managed Competition
Massachusetts regulator Nonnie Burnes is engineering a switch to a less regulated auto insurance market. In this excerpt from an exclusive interview with Insurance Journal, she discusses whether the change will attract new players, what existing insurers might do to prepare, the future of group discounts and other effects on the marketplace.
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ReSource Pro: Marketing and Support of Outsourcing Services
ReSource Pro, an agency outsourcing service, provides insurance processing support to program
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No Rock Unturned: Using a Blended Strategy for Marketing
Using SEO to drive organic growth and fuel recruiting efforts, Prostar Insurance principle Dave Whitfield talks with Tim Sawyer about how their young agency is able to be competitive by using technology and new age marketing.
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