Well here it is again, the New Year, the time to make promises and resolutions. Last year we published 10 resolutions to be accomplished in 2009 and the industry really didn't succeed at keeping any of them (although that's not really a surprise). From a financial...
Earlier this year, Insurance Journal published its first book, "The Insurance Professional's Practical Guide to Workers' Compensation: From History through Audit." In addition to the book, IJ also conducted a five-part series taken from the book.
What many may not...
At the moment, regulation of the insurance industry remains the domain of individual states. Although some variations exist among the jurisdictions, every state has "Thou Shall Not…" rules, more appropriately referred to as unfair or deceptive trade practices.
Among...
Cell phones, Blackberrys and iPods now infiltrate work life as well as leisure time. These devices are affecting job safety, a not-so-good vibration being felt, literally, from coast to coast.
A Boston trolley driver is distracted while sending a text message and...
What events have shaped the modern insurance landscape? Which ideas, innovations and accidents stand out as landmarks in the development and growth of this most important industry known as insurance? Following is one man's opinion of the seven wonders of insurance...
Fantasy football: It's a decade-old, multibillion dollar industry that involves hundreds of companies and directly touches the lives of roughly 27 million Americans. So it makes sense that, eventually, the insurance industry would invent some new products for...
Face it, there really are only two motivations leading clients to buy insurance in the first place: 1) it's a requirement; or 2) fear. Nearly any other reason you can conjure has elements of one or both of these rationales.
It's Required
Banks, contracts and...
According to the US Bureau of Labor Statistics the seven fastest growing industries between now and 2016 are:
Management, Scientific and Technical Consulting Services;
Individual and Family Services;
Home Health Care Service;
Securities, commodity contracts and...
Negligence is the failure to act as a reasonable and prudent person would in similar circumstances. However, judgment regarding who is reasonable and prudent is often left in the hands of those who, themselves, are not reasonable and prudent – jurors. Although this...
A professor at the University of Illinois at Chicago says it would be feasible for insurance companies to offer divorce insurance.
J. Christopher Westland, a professor of information and decision sciences, says he began sketching out the actuarial tables for such...
