Articles by Andrew G. Simpson

Simpson is a freelance writer and editor. He retired as Chief Content Officer for Wells Media Group in July, 2022 after 18 years with the company.

Applied Systems to Release Epic 6 Agency Program in April

Insurance software company Applied Systems will unveil the latest release of its browser-based agency management software Epic on April 27. Applied Systems said Epic 6 provides for more streamlined agent-carrier communications, particularly for commercial middle-market business. The new efficiencies are …

Let the Sun Shine

It’s time to put some of the sunshine back in the Sunshine State’s insurance outlook. Sure, the property market, Citizens and the hurricane fund remain precarious. But no-fault’s PIP may be on the mend thanks to new legislation. What’s more …

Millions in U.S. at Risk from Rising Sea Levels: Report

Sea level rise due to global warming has doubled the annual risk of coastal flooding of historic proportions across widespread areas of the United States, according to a report from the non-profit research group Climate Central. By 2030, the report …

Trucking Industry Fights Obama Rules on Driver Fatigue

Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest. The American Trucking Association filed a petition with the U.S. Circuit Court of Appeals for the District …

Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders

Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire Hathaway Reinsurance Group, personal lines powerhouse GEICO …

P/C Insurers Face Obstacles on Road to Hard Market

With interest rates low and looking like they will stay low for some time, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers expecting to achieve better results by …

Float Like a Lizard

Every year, Berkshire Hathaway Chairman Warren Buffett issues a letter to shareholders in which he discusses the economy, investing and the performance of his companies. Buffett typically has good things to say about insurance and did again in his letter …

Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders

Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire Hathaway Reinsurance Group, personal lines powerhouse GEICO …

P/C Insurers Face Obstacles on Road to Hard Market

With interest rates low and looking like they will stay low for some time to come, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers expecting to achieve better …

Atypical P/C Executive: Chartis CEO Hancock on Fear, Regulation, Science and More

The keynote speaker told the professional liability insurance underwriters that regulation is not the enemy of business growth, the plaintiffs’ bar is their ally, deleveraging of financial institutions is a good thing, financial firms have not learned the lessons of …