Idea Exchange

E&O Insights: Keep Eyes Wide Open When Handling E&S

The excess and surplus lines market has been around a long time. It has served the insurance marketplace well, providing specialty coverage and writing tough-to-place risks. While activity in the E&S market is traditionally strong, as the market shows some …

Landers Quake Still Teaching Seismic Lessons

If you’ve never heard of the Landers earthquake that struck Southern California 20 years ago last month, you’re in good company. But, for an earthquake almost no one remembers, it has had a lasting impact on seismology for what it …

Making the Most out of Mentorships

It is no secret that the workforce demographic is changing, adding a host of new concerns for both employers and employees. As organizations examine their talent pipelines for incumbent leaders, workers struggle to stand out among their peers as the …

Group Personal Excess Policies Give Businesses and Employees Added Protection

As the economy continues to languish, and competition for revenue becomes fiercer, it is important for companies to retain and protect their key talent. Beyond financial incentives, businesses must consider the full measure of an employee’s lifestyle and needs when …

The Compensation Connection: Aligning Rewards with Results

The state of the labor market is changing. Unemployment rates are dropping and companies are opening up hiring budgets. Organizations that believe employees are lucky to simply have a job in this economy are headed for trouble. The job market …

Cyber Security Risks a Matter of When, Not If

Targeted Risk Management Can Help Stem Losses; Municipalities Facing Budget Constraints The potential exposure of both governmental or commercial entities to network and enterprise security breaches comes down to this: It’s not a question of if, but when, and size …

25 Fears That Can’t Be Insured Against

Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous. Seriously. Children possessed by demons Donald …

Denialism: It’s a Win-Win Situation

Within confines, people can succeed without accepting reality. The Western church succeeded in building itself into a hugely successful entity while denying the world was round for 1,000 or so years. Many banks and bankers denied making bad loans, first …

3 Steps for Creating Stories That Attract Clients

If I asked you or one of your staff members why I should do business with your agency, how would you respond? When I ask agents that question, I hear responses like, “It’s our people” or “We have great service” …

Attend and Grow Your Commercial Lines House Accounts

Some House Accounts Are More Equal Than Others Commercial lines house accounts are traditionally profitable for the average agency. By their nature, these small premium insureds have no assigned producer, hence no commission is paid on them. Furthermore, they are …

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