Idea Exchange

Catastrophes: There is no free lunch

Since the devastating hurricane seasons of 2004 and 2005, some Florida politicians and a few insurers have claimed that the private insurance industry cannot pay for natural disaster losses without the support of a system of state and federal natural …

Catastrophes: The time to act is now

Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at the state and national levels to …

The subprime mortgage mess and the professional liability market

The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated waves of litigation, with the lawsuits …

Breathing a ‘sigh of relief’ after Lamar Homes decision

While I suspect that many folks in the insurance industry had a “dog in the fight” so to speak in regard to the outcome of Lamar Homes vs. Mid-Continent Casualty Co., I can tell you that I sure breathed a …

Lawyers should not dismiss lawyers’ professional liability coverage

The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone, other than perhaps insurance professionals, about the perils that exist and the value of professional liability coverage. Oddly enough, there are …

Catastrophes: There is no free lunch

Since the devastating hurricane seasons of 2004 and 2005, some Florida politicians and a few insurers have claimed that the private insurance industry cannot pay for natural disaster losses without the support of a system of state and federal natural …

Catastrophes: The time to act is now

Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at the state and national levels to …

Lawyers should not dismiss lawyers’ professional liability coverage

The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a substantial number of in-house counsel …

Making sense of the subprime mortgage mess

The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already generated waves of litigation, with the …

Eight major mistakes employers make when workers’ comp rates go down

Employers must view coverage more as a comprehensive risk management tool than necessity Throughout much of the country, declining workers’ compensation rates are music to employers’ ears. After all, that seems like long-awaited good news, particularly since workers’ compensation is …

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