Articles by Patrick Wraight

Patrick Wraight, CIC, CRM, AU, is director of Insurance Journal's Academy of Insurance. He can be reached at pwraight@ijacademy.com.

3 Things to Know About Condo Association Boards

The condo association takes on a special level of responsibility because of the unique form of ownership that is the condominium. To make sure we are all on the same footing, a condominium is a form of ownership where a …

Top 4 Alternatives to Purchasing Homeowners Insurance

Homeowners insurance companies are having a rough year. What’s worse is that they seem to be taking it out on us, their customers. According to an article on Policygenius, the cost of homeowners insurance went up an average of 21% …

Mortgage Value Limit for Homeowners? That Sounds Like a Bad Idea

For context, I suggest that you read this Insurance Journal story that provides some details related to the bill that I want to discuss. Here’s the link: https://www.insurancejournal.com/news/southeast/2024/01/04/754264.htm. We put this Florida story in the “Politicians don’t understand insurance” file. …

The Unique Risks of an Artisan Contractor

When you hear or read the term, “artisan contractor,” what do you think of? Don’t search it, and if you deal with artisan contractors, don’t shout out the answer. I can tell you that I thought of custom cabinet makers …

Nonprofits and Risk Management

When you ask the internet what a nonprofit organization is, you get several answers. Many of those answers have to do with setting up a nonprofit and obtaining a tax-exempt status. More than being a form of business that is …

Should Insurance Drive Increased Firearm Safety?

It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal article indicated respondents of a survey thought insurance could have a role in firearm safety. …

2 Firearm Situations. Maybe They’re Covered.

NOTE: This is an excerpt from a longer article on IJ. Here’s the full article. When it comes to firearms and insurance, we can look at them in two ways. First, as items of personal property, in which case, in …

Viewpoint: Should Insurance Drive Increased Firearm Safety?

It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal story indicated respondents of a survey thought insurance could have a role in firearm safety. …

Risk Management Considerations for Condo Association Boards

The condo association takes on a special level of responsibility because of the unique form of ownership that is the condominium. To make sure we are all on the same footing — a condominium is a form of ownership where …

A Variety of Risk Exposures Exist at Marinas Big and Small

Marinas are places where people interact with boats. Maybe that’s not earth-shattering to you but consider all that it means to operate a marina and all of the different ways that risk is present at a marina. Marinas can be …