Monthly Archives: <span>July 2005</span>

The Industry Goes to School: Universities that Offer Insurance Degrees

Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications, and even graduate degrees in insurance. Children of agents and …

Do Your Customers Know What You Did Last Summer?

Consider this story. Fifty years ago a relatively unknown entrepreneur opened a family-oriented entertainment complex in Southern California. He decided to place signs at each attraction or ride indicating the expected wait time. His peers thought this idea was ridiculous. …

Majestic Insurance Company announced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to joining Majestic, Porter held executive management positions in …

Agent Leader Hits Hodgepodge of Disclosure Rules by Insurers

While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …

The London Bombings: Terror Pool Will Help Cover Losses

Sept. 11, March 11, July 7-dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 52 people, sent more than 700 …

By George Rothert

Working With Your E&S Wholesaler: Be Nice You’ll Need Them Again! The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the …

Luke Nolan

Troy Key Luke J. Nolan Jr., director of Aon Construction Services Group, was elected president of the Dallas/Fort Worth chapter of the Construction Financial Management Association (CFMA). His election marks the first time in the association’s 20-year history an insurance …

The London Bombings: Terror Pool Will Help Cover Losses

September 11, March 11, July 7-dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 52 people, sent more than 700 …

An Insurer’s Right to Reimbursement: Frank’s Casing

Insurers have long sought the right of reimbursement in Texas and, in the right circumstances, the court’s opinion will provide a valuable tool. The most significant Texas insurance case this year is the Texas Supreme Court’s recent opinion in Excess …

Who’s Afraid of a Little Competition?

Ah, the traditional signs of summer-salt air, suntan lotion and that pungent smell without which no vacation trip is complete-the fumes of expensive gasoline. Although skyrocketing gas prices consume much of the nation’s news coverage, it is a challenge that …