One year has passed since the approval and implementation of the revised Cause of Loss Special Form (CP 10 30), yet many agents still do not recognize the utility service coverage their clients lost under the new wording.
Prior editions of the cause of loss special...
Insurance companies are taking another rhetorical beating-this time as a part of President Obama's promotional campaign for his health care reform proposals. Now a healthy dose of professional introspection can be valuable, if for no other reason than to remind...
Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in San Diego, Calif. RCG, founded in 2002 by...
In June of 2005, the American Film Institute (AFI) released its 100 greatest or most memorable movie lines from the first 100 years of film. Scanning the list I was taken back to where I was when I first saw the movie and heard the line (for sake of disclosure, I'm...
The Dead Sea Scrolls are among the oldest documents, and greatest artifacts, in the world. So what do you do if they get lent to your museum? How do you insure something priceless and irreplaceable?
The answer is: you do, but you don't.
Rather you ensure that...
COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of underwriters reviewing apartment...
The U.N. environmental chief called on rich nations Thursday to pledge $10 billion a year for three years at next month's Copenhagen summit to help poor states begin to tackle the impact of climate change.
Yvo de Boer, head of the U.N. Climate Change Secretariat,...
There are specific guidelines that agents and the employer should apply to every audit. These are the "ABC's" of premium audits.
"A": Always be there. A representative from the company familiar with the financial records and the operations of the company should be...
There are over 210 insurance and insurance-related designations available to property and casualty, life, health, benefits, actuarial and other financial service professionals. This list includes US, Canadian and European-based educational programs with each locale...
Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents' errors and omissions insurance (E&O) have developed a variety of responses to the exposure created by insolvency. A review of policies filed...
