As public servant, attorney and community leader, Mary Jo Hudson officially took office as the 46th director of the Ohio Department of Insurance on Jan. 8, 2007. Not shy in letting consumers, agents and other regulators know where she stands, Director Hudson spells out why she opposes an optional federal charter and the adoption of any national catastrophe plan that would include Ohio residents paying for the problems that resident face in coastal areas. On the proactive side the Director revived the Agent Council in Ohio and says that agents enjoy her “open door” policy. Hudson boasts that agents have provided plenty of insight regarding their specific industry and business concerns. She values that input and says it definitely helps in her role as keeper of the gate for consumers and the industry.
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 [...]
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.
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: [...]
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 [...]
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 [...]
New York Insurance Superintendent Eric Dinallo has been in the middle of the AIG bailout, bond insurance and federal regulation crises and debates. But he has also dealt with producer compensation, reviving the Insurance Exchange, workers’ comp reforms and other matters. In this exclusive interview with Insurance Journal’s Ken St. Onge, Dinallo discusses the last [...]
Scary smoky sky
A.M. Best gave Lloyd’s an A rating in August. Lloyd’s writes $9 billion in business in the