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

Spice Up the Game with a Hole-In-One Contest

The opportunity to win a large cash prize, vacations for life, or a brand new car for sinking a lucky hole-in-one not only adds a high level of buzz and excitement to any golf tournament, but it also creates heightened …

How to Plan an Insurance Industry Golf Event

The job description of property/casualty agents and brokers can on occasion include “golf event planner.” Typically insurance professionals turn to event experts, but sometimes budgets and time don’t allow for the hiring an event planner. In either case, insurance professionals …

Charity Outings Tee-Off Nationwide

If you believe the stereotype, insurance adjusters love golf. When I first began working in the insurance claims industry 15 years ago, I was told a joke about the industry: Three 10-year old boys are bragging about their dads, as …

87th PGA Championship Tees-Off at Baltusrol in New Jersey

Needless to say, all eyes surrounding Baltusrol are towards the skies. If the weatherman cooperates, the 87th PGA Championship in Springfield, N.J., could be one for the record books, as the game’s top golfers descend on the Garden State and …

Business Interruption: When Has the Insurer Satisfied Its Obligation?

One of the most problematic insurance questions that developed following the destruction of the World Trade Center on Sept. 11, 2001, involved business interruption coverage. With the destruction of the World Trade Center complex, there was significant disagreement as to …

Crash Risk is Four Times Higher When Drivers Use Cell Phones, Study Says

Common sense as well as experience suggest that handling and dialing cell phones while driving compromise safety, and evidence is accumulating that phone conversations also increase crash risk. New research from the Insurance Institute for Highway Safety quantifies the added …

Renters Legal Liability

Nuts & Bolts: Lexington Insurance is offering a new market for renters sold directly through insurance agents. The benefits to be paid, subject to the policy’s express provisions and to the extent of the $100,000 policy limits, are in the …

Apartments

Nuts & Bolts: Abram Interstate Insurance Services Inc. is offering a new market for apartments. This new product is a comprehensive apartment building package policy especially designed to meet the needs of owners and managers involved in the commercial apartment …

Computer and Technology

Nuts & Bolts: Encino, Calif.-based NAS Insurance Services is introducing a new computer/technology liability insurance policy. The list of eligible classes is extensive–from data management service to software programming and systems design to security consultants. Among the computer/technology insurance features …

People & Places

Charles Dangelo American International Group Inc.announced that AIG Vice President Charles Dangelo has been appointed AIG’s senior reinsurance officer, effective immediately. In this role, he will be responsible for all outward reinsurance relationships involving AIG companies. Alfred Bergbauer Dangelo will …