Academy Journal

Why is it So Hard to Agree on Valuation?

I really hate reopening this can of worms, but I’m living it so here goes. My wife and I are doing some house hunting lately (in case you’re wondering, it’s not at all like the show, we’ve looked at a …

A Few More Thoughts About Assignments of Benefits

I last wrote about assignments of benefits (AOB) back in January. You didn’t read that one? I’m shocked, but I’ll be ok. Here’s the link to my thoughts about assignments of benefits. You don’t even have to leave this page …

A Quick (No Really, Super Quick) Insuretech Primer

I wonder if anyone has ever done this. You’re involved in a conversation with a group of peers or boss people (or other people that you’re trying to impress) and they start talking about a topic that you don’t know …

I Kind of Like Policy 2.0

If you’re like me, it’s pretty easy to get into a groove with work. Once you get used to a job, you kind of feel out the schedule and the flow. You start to figure out what works for you …

You Know Insurance. Why Aren’t You Teaching it?

Insurance is complicated. I think that we all agree about that. That’s why agents, underwriters, adjusters, and regulators spend so much time reading, studying and learning. That’s why I’ve spent my insurance career in continual learning mode. By the way, …

My Reflections on NetVU’s Accelerate Conference

Last week, I went to the Accelerate conference for users of Vertafore systems. Vertafore is a software provider for different links in the insurance distribution network. Insurance companies and agencies use different solutions to manage data and write and manage …

You Can’t Just Say “Yes, There’s Coverage”

A couple of recent articles in Insurance Journal highlighted an important issue that exists in light of coverage and how hard it is to answer a question broadly. The problem (broadly) is that no two carriers’ policies are alike. That …

Want Flood? Let the Market Make it Happen.

I spent a day last week in a conference that was focused on some specific risks that make up a property insurance gap nationwide. The morning was focused on one of my favorite soap boxes, flood. You guessed it. It’s …

Explaining a Policy to Someone Who Knows Better

A good friend and colleague forwarded me a press release written and sent out by a public adjusting company. Since I was wondering what to write about this week, I’m truly grateful for the article, but when I read it, …

The Simple Reason Homeowners’ Customers Need Replacement Cost

I’ve been thinking a lot about homeowners’ insurance lately. That might be because I’m in the middle of the BPIC (Basic Personal Insurance Course) and the last two sessions have been focused on homeowners’ insurance. It may also be that …

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