Articles by Dan Aznoff

SECOND THOUGHTS: Tales of demergers, detours and determination

Crying?? There’s no crying in baseball. — Tom Hanks in A League of Their Own Bill Cadenhead had decided to sell his 73 percent stake in Cadenhead Shreffler Insurance in Bedford, Tex. to insurance giant Brown & Brown when he …

Back to the Basics

E&S Industry Returns to Familiar Ground Neither wind, nor rain nor the dark cloud of standard carriers returning to the marketplace will keep excess and surplus insurance writers from maintaining profitability. From coast-to-coast the E&S industry is going back to …

It’s a Wonderful Bank

Community banks have come a long way since Jimmy Stewart’s character struggled to keep the Bailey Building and Loan alive to support the residents in Bedford Falls in Frank Capra’s 1946 classic “It’s a Wonderful Life.” Insuring these institutions has …

Another Soft Market Creates a Hard Reality

Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market cycle. An abundance of capacity coupled …

For Safeco: Opportunity is Where You Create It

Like most insurance companies, the soft market took its toll on Safeco. While the property and casualty side of the business continued to suffer losses that resembled the gross national product of some Latin American countries, the board of directors …

Insurance Strikes Out: Major League Players Offer Big Returns… and even bigger risks for insurance

Insurance policies to cover the multi-year, multi-million dollar salaries of professional baseball players may soon be as hard to locate as a split-fingered fastball from a southpaw relief pitcher. The hardening insurance market coupled with skyrocketing salaries of premier players …

Insurance Strikes Out: Major League Players Offer Big Returns

Insurance policies to cover the multi-year, multi-million dollar salaries of professional baseball players may soon be as hard to locate as a split-fingered fastball from a southpaw relief pitcher. The hardening insurance market coupled with skyrocketing salaries of premier players …

Are Insurers Really Asking the Governmentfor Help’

The term “Big Brother” has been tossed around casually since George Orwell introduced the term to the world in his novel, 1984. The concept of big government looking over the shoulder and into the bedrooms of ordinary citizens has become …

Are Insurers Really Asking the Government for Help’

The term “Big Brother” has been tossed around casually since George Orwell introduced the term to the world in his novel, 1984. The concept of big government looking over the shoulder and into the bedrooms of ordinary citizens has become …

Financial Services Integration: A Question of Privacy

Mailboxes throughout the West have been rapidly filling with literature outlining the “Privacy Policy” of virtually every organization that has ever taken a credit application. As the Gramm-Leach-Bliley Act (GLBA) takes hold, predictions of massive corporate mergers, acquisitions and blending …