Monthly Archives: <span>May 2013</span>

Declarations

Home Maintenance “Making sure things are in good working order this spring can make a big difference in home safety, as well as insurance matters.” —Pennsylvania Insurance Commissioner Michael Consedine on home maintenance. Consedine said homeowners starting their spring cleaning …

Business Disaster Planning

Each year businesses and individuals are impacted by disasters. However, a disaster does not have to be widespread to paralyze an agency. Every business (including your clients) should have a Disaster Preparation and Recovery Plan. The better the plan, the …

Most Carriers Provide Training on Selling Online: Survey

A two-thirds majority of independent insurance agents say their carriers are providing them with training and consulting on how to use their agency websites to increase sales, a new survey reveals. The annual survey of agents on their attitudes regarding …

The New Age of Technology: 3D Printing

Earlier this year, scientists from Cornell University successfully created an artificial human ear by printing it on a 3D printer. Created by squirting living cells into an injection mold, the ears could replace those of individuals who have lost all …

2013 Super Regional Insurers

Demotech Inc. Reveals Leading Multi-State Property/Casualty Insurers The original criteria and objective definition for Super Regional P/C Insurers™ was established in the Feb. 12, 2007, issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of …

Time to Press Again for Terrorism Risk Insurance Act Reauthorization

Congress faces a packed agenda this year. Deficit reduction, immigration reform and gun control will dominate the agenda. But another issue must be added to the docket — reauthorization of the Terrorism Risk Insurance Act because of its importance to …

Fireman’s Fund Historic Highlights

1863 The first policy was one half-interest in 1,000 kegs of Boston syrup. The premium was $12 cash in advance. 1871 Great Chicago Fire – Fireman’s Fund paid all claims even though its losses exceeded its assets. About half of …

Fireman’s Fund Chief Tackles Sesquicentennial, Market

Choosing an historic icon that stood after San Francisco’s great earthquake and massive fire more than 100 years ago was a deft, almost poetic, public relations concept to celebrate Fireman’s Fund Insurance Co.’s sesquicentennial. In April the company so many …

San Francisco Cable Car Accidents Costs Millions

In this city of innumerable tourist attractions, the clanging, hill-conquering cable cars stand out as a top draw. The quaint conveyances also stand out for the inordinate number of accidents and the millions of dollars annually the city pays out …

RIMS Conference in LA Risks No Loss of Subject Matter

Renewal of the Terrorism and Risk Insurance Act was a much talked about topic at the annual Risk and Insurance Management Society conference, a four-day event in Los Angeles, Calif. in late April that included panels focused on a variety …