Features
Public Affairs ‘Ironman’ Kevelighan Takes Helm at Insurance Information Institute
Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. "That, for me, is the incentive to insure that I keep my training going. It's really good for your health, ...
As Active Shooter Incidents Increase, Industry Addresses Coverage Gray Area
There's a new insurance market emerging in light of a disturbing reality in today's world: active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave ...
Climate Change Modeling Is Closer Than You Think
For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went ...
An E-Infusion: Infusing Ethics Into Your Organization
Much has been written about the need for ethics and ethical behavior in organizations, and most people, when approached with the subject, show body language that says "I know it. I do it. Don't talk ...Craft a Powerful Corporate Values Statement
I believe that the most powerful corporate values statements are those that start with a verb. Here are two examples: Zappos Deliver WOW Through Service. Embrace and Drive Change. Create Fun and a ...
Future Workers Compensation Profitability Faces Obstacles
Workers compensation, the largest product segment in the U.S. commercial lines insurance sector, has experienced a recent profit renaissance, moving to a significant underwriting profit in ...
CROs in Place at Less Than 40% of Insurers: A.M. Best Survey
While more than 40 percent of insurers leave risk officer responsibilities to their chief executive officers or chief financial officers, just under 40 percent have a designated chief risk officer, ...
Good RM Is Just Good Business, Says Steel, Former CRO of AXIS Capital
Companies originally created the role of the chief risk officer because they "recognized that good risk management is really good business," according to Michael Steel, former CRO at AXIS Capital. ...