The predictive value of credit-based insurance scores and loss history databases were highlighted recently as insurers explained the benefits of these tools for consumers to Utah’s Business and Labor Interim Committee. Although the rules implementing Utah’s insurance scoring law were …
The Maine legislature tackled several important issues this session such as credit-based insurance scores and workers’ compensation, however it deferred action on establishing building codes and creating a joint underwriting authority to address affordability issues with coastal property. Maine joined …
When battling Legislative dragons every two years, those of us who work for the Texas property and casualty insurance industry are dramatically reminded how poorly our business is understood. Furthermore, our antagonists don’t really believe we operate independently in a …
A while back I was discussing with a colleague whether a carrier has a duty to prosecute an appeal on behalf of its insured. My initial thought was that upon the resolution of the underlying matter by a trial verdict …
Is the glass half-full, or half-empty? The classic example of identical facts dictating opposite conclusions, depending on whether you’re an optimist or a pessimist, defines the current picture in the reinsurance industry, even if it is admittedly a bit more …
Which clients do you want to keep for life? Is strategy in place to manage each experience those “keeper” clients have with your agency? You only have so many resources. You and your staff can only do so much. More …
Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s song, “Born to be Wild,” reinforced the stereotype of …
Mike Pickens Having served six years in his present office, Arkansas Insurance Commissioner Mike Pickens has had an opportunity to see a number of changes in his state over the years. Pickens recently sat down with Insurance Journal to discuss …
Nuts & Bolts: Navigators Pro, a division of Navigators Management Company, introduced the IDL InNAVation(SM) coverage endorsement for independent directors as an addition to its traditional primary directors and officers (D&O) liability policy. Available on a brokerage basis. Dollars: Policy …
Nuts & Bolts: American Pacific General Agency Inc. of Woodland Hills, Calif. has a new market for general liability for contractors and roofers. Available by appointment only. Endorsements are available. Dollars: Policy limits to $1,000,000; Deductibles – $2,500; Min. premium …
