Closing Quote

New Technology on Vehicles Is Working to Reduce Crashes

Autonomous or “driverless” cars generate a lot of media buzz because of the public’s fascination with new technology and what vehicles may be like in the future. Yet, there’s a revolution underway that is changing vehicles right now that has …

An Average Perspective on Insurance Profitability Cycles

Dr. Robert Hartwig, president of the Insurance Information Institute (III), is well known for his plentiful data on the insurance industry and chartist presentation style. His identification and aggregation of data is quite commendable. On several occasions, I have come …

Helping Clients Through Home Renovations

Home renovations are in high gear these days, thanks to low interest rates on second mortgages and bank loans. But, the construction process itself is typically fraught with anxiety, given longer-than-expected timeframes to complete projects and frequent cost overruns. Many …

Take Time to Minimize Your Exposure to E&O Claims

During my more than 20-year career in the insurance industry, I have spent hours working with my colleagues to prevent hard-earned, front-end revenues from leaking out the back door due to errors and omissions. When a claim is denied, we …

Hopeful Outlook for Workers’ Comp

As we pass the halfway point of 2014, the National Council on Compensation Insurance (NCCI) is relatively optimistic about the outlook for the workers’ compensation market in America. Industry costs remain largely contained. There is a reasonable expectation of some …

Hopeful Outlook for Workers’ Comp

As we pass the halfway point of 2014, the National Council on Compensation Insurance (NCCI) is relatively optimistic about the outlook for the workers’ compensation market in America. Industry costs remain largely contained. There is a reasonable expectation of some …

Observations on TRIA

U.S. insurance markets, like the rest of the nation, were caught off guard by the Sept.11, 2001 terrorist attacks. Loss of life and property led to an estimated $32.5 billion dollars in insured losses – $43 billion in 2013 dollars …

Insurance Trade Agreements Are Good for Consumers and Markets

You can be sure critics are already getting ready to pounce on a preliminary draft of the financial services section of the Trade in Services Agreement (TiSA), invoking the usual rhetoric about the evils of global trade liberalization. TiSA is …

The Strange Case of the Use and Abuse of Insurance Ratings

Ratings, and rating agencies, occupy a contradictory place in many markets – not least in commercial lines insurance and reinsurance. They are very heavily relied on by both buyers and brokers, yet subject to a great deal of cynicism. However, …

The Original Search Engine

In a world where a simple online search can yield a universe of information about insurance products and services in the blink of an eye, it is perilously easy to overlook the key role an age-old human transaction – the …

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