Articles by Andrea Wells

Insuring Products of the Mind

The rapid growth in patent infringement litigation in 2013 – almost 6,500 cases, or an increase of 25 percent over 2012, according to PricewaterhouseCoopers – might appear to be a strong motivator for at-risk businesses to buy intellectual property insurance. …

Fighting Cybercrime

HSB, a specialty insurer that is part of Munich Re, along with Trail of Bits, a New York cybersecurity firm, recently presented a “Hacker Lab” to provide risk mitigation resources for small business owners. The event showed that cybercriminals view …

Young Male vs. Young Female

When it comes to car crashes there’s a link to one’s gender – at least if you’re young. Gender is often related to what type of severe or fatal crash a young male or young female driver will be involved …

State of the Market: Surplus Lines Bounces Back

The surplus lines industry showed its subpar showing in 2012 was uncharacteristic as it outperformed the overall property/casualty industry once again in 2013. While 2013 was a good year all-round for the P/C industry, it was an even better year …

Mickey Mouse Ideas

“I only hope that we don’t lose sight of one thing – that it was all started by a mouse.” So, according to the Internet, said high school dropout Walt Disney. As an avid drawer as a kid, then as …

States Still Grappling with Surplus Lines Tax Sharing

Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has provided more uniformity in the regulation and …

Focusing on Disaster Costs Before Rather Than After They Happen

The United States spends a lot of money responding to natural disasters but comparatively little trying to limit the costs of disasters before they happen. As the costs to the government and the insurance industry mount, more people in the …

Top 100 and More

This year marks the 10th annual publication of Insurance Journal‘s Top 100 Independent P/C Agencies report. In our effort to identify the nation’s leading privately-held independent property/casualty insurance agencies a few things have changed, while others have remained the same. …

Celebrity Value

Have you considered hiring a local celebrity to help promote your insurance organization? Would it be worth the cost and effort? Would it help consumers to remember your name? Some researchers think so but only if the celebrity is a …

Surplus Lines Tax Sharing Solution Still Up for Debate

Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has provided more uniformity in the regulation and …