Idea Exchange

Private Sector Summit to focus on Florida property insurance market

Demotech-Insurance Journal co-sponsored event to be held Aug. 22-23 in Orlando Property insurers in Florida are facing a crisis as they try to deal with the impact of drastic changes imposed on them with the recent enactment of HB 1A. …

Brokers’ stock prices up 8%; 23 M&As posted in April and May

Stock Prices: Overall, brokers’ stocks have performed well year-to-date, up 8 percent. A strong contributor to the stock price increase is the merger and acquisition premium related to the high prices private equity firms recently paid for Hub International Ltd. …

How to avoid common producer sales management mistakes

There is more to working with producers than just paying and praying. It also takes continuous in-office supervision. Some agencies are fortunate enough to have the time and talent to coach their sales staffs. Regretfully, most shops can’t afford dedicated …

BOP evolution warrants a second look

Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive, or are more trouble than they’re worth? Don’t be so quick to judge. This line of coverage is evolving so …

Climate Change: Directors’ and officers’ risk ahead?

For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by the U.S. Supreme Court, together with a confluence of other …

Minimizing risks for global catastrophes

Multinational businesses face serious challenges when managing catastrophe risk Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk …

New ‘Green’ captive insurer forms for eco-friendly businesses

Plans are in place for what its creators say will be the first captive insurance program designed exclusively for companies that are committed to sustainable business practices such as using renewable energy and producing environmentally friendly products. Denver-based Domani Sustainability …

Fortified building standards: Gulf Coast market

Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges — they are …

Are you truly independent?

Given today’s business environment, is it possible for independent agents to truly be “independent?” When we talk about an independent agent, we simply think of a producer who has access to many different carriers. That agent is not limited to …

BOP evolution warrants a second look

Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive or are more trouble than they’re worth? Don’t be so quick to judge. This line of coverage is evolving so …

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