The economy has taken its toll on all businesses today and law firms are no exception. Downsizing, changes in attorney specialties in order to compete on new business, and other cost cutting measures taken by law firms today may be leading to a rise in claims and lawsuits against firms, say Michele Wade, executive vice president of Lockton Cos. and Kelley Martin, senior claims specialist in the technical resource center of Scottsdale Insurance Co. This interview with Andrea Ortega-Wells touches on a few of the issues presented by Wade, Martin and other speakers on the “The First Thing We Do – Sue All Lawyers: Emerging Themes in Legal Malpractice” panel at the 2010 PLUS International Conference in San Antonio, Texas.
Director and officers liability coverage is increasingly being called up to respond to cases involving the Foreign Corrupt Practices Act. Is this right? Susanne Murray, an executive vice president for Alliant Insurance Services, discusses this expansion of D&O coverage in this interview with Insurance Journal’s Andy Simpson at the recent Professional Liability Underwriting Society’s D&O [...]
Director and officers liability coverage continues to evolve. Susanne Murray, an executive vice president for Alliant Insurance Services, knows all about this evolution in her work focusing on executive risk liability exposures. In this interview with Insurance Journal’s Andy Simpson at the recent Professional Liability Underwriting Society’s D&O conference, Murray discusses this evolution of D&O, [...]
In words seldom uttered by P/C insurance executives, Chartis CEO Peter Hancock at the recent Professional Liability Underwriting Society meeting in New York praised regulators and the plaintiffs’ bar. He then spoke with Insurance Journal’s Andy Simpson to explain how he sees these players as partners with the insurance industry in working to make the [...]
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
For insurance agents Gary Trippe and Jim Pender, the idea for DVIC, or Disabled Veterans Insurance Careers, which aims to guide disabled veterans into careers in insurance, evolved in part from their own personal experiences with disabled family members. In this interview with Insurance Journal’s Andy Simpson, the two share their dream of an organization [...]
Tony Gonzalez has 30 years of experience in the company side of the independent agency channel of the property/ casualty insurance business, serving in various leadership roles at companies including Safeco and the Republic Group. His expertise extends from marketing to sales to commercial underwriting and more, but recently he’s undertaken another challenge — a [...]
On Point with Peter van Aartrijk and Rick Morgan is an audio conversation with insurance industry leaders who champion change and challenge all of us to think.
“Don’t be a binge blogger.”
These are the words of Liz Strauss, a blogger and social media educator, when discussing the importance of consistency over frequency. Other advice for [...]