How Today’s Soft Market Differs from the Past
The soft market is here again and an over supply of capital is the main reason for the market’s turmoil, says Skip Cooper, president of AmWins Group Inc. In this interview with Insurance Journal’s Mark Wells at the recent NAPSLO Annual Convention in San Diego, Cooper says that while the capital is a bit more disciplined than past soft market cycles, carriers are still hurting. There’s also a big disconnect between carrier pricing and the terms of reinsurance, he adds, something unique to the current market cycle.
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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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Robert Fletcher, Intellectual Property Insurance Services / IIABA 2003 InfoXchange
Interview with Intellectual Property Insurance Services’s Robert Fletcher, at the IIABA 2003
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Ron Barnett, Superior Access Insurance Services / NAPSLO 2003 Annual
Interview with SAIS Exec VP of Commercial Lines, Ron Barnett, at the NAPSLO 2003 Annual Meeting
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Economic Recovery Is Real But Uneven: Insurance Economist
Dr. Robert Hartwig, president and economist at the Insurance Information Institute, is the “go-to guy” when it comes to understanding economic and policy trends that affect the property and casualty insurance industry. He’s had a busy year explaining trends to insurance groups around the country. In this interview with Insurance Journal’s Andy Simpson, Dr. [...]
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