In one of my recent blogs, I mentioned that at our E&O Plus Quality Management Seminar in September, someone asked, “Do disclaimers really work?” The answer from one of the Swiss Re attorneys was, “They don’t hurt.” As your reviewers, we also suggest that you confirm...
Ok, don't accuse me of plagiarizing "Smokey the Bear," but I have done a couple of weeks of E&O road shows in the last month, and it has brought back a lot of memories of how my teaching career began and who pushed me into...
Rather than relying on generic coverage, agencies must recognize that each client brings unique risks and expectations to the table. No single policy can address every situation, so it's essential to move beyond standardized offerings and instead evaluate the specific exposures and objectives of each...
I decided to write my blog on educating clients on coverage because no matter what part of the country you live in, it seems we wake up every morning to yesterday’s disaster. A couple of weeks ago, there were floods north of St. Louis in...
At its core, fraud is an act of deliberate deception intended to secure an unfair or unlawful gain. It occurs when applicants, policyholders, third-party claimants, insurance brokers, and providers conceal information or manipulate circumstances to benefit themselves, often at the direct expense of others. No...
Before I get on my soapbox about what agencies say about themselves, I understand our duty. In most states, it is an agent’s duty to procure the coverage requested within a reasonable time or to otherwise inform the prospect/client of the inability to do so....
According to Forbes Advisor, roughly 10 million university students returned to campus in the fall of 2024, and an additional 3.2 million were enrolled as graduate students. Preparing for college is an exciting yet challenging milestone for parents and their kids. They focus on navigating...
My blog earlier this month discussed severe weather and wildfire preparation. I mentioned weather impact warnings for my area that could result in a rough couple of days. As anticipated, we got hit — 14 tornados, hail damage as I have never seen, and winds...
It's a little more than "Lions and Tigers and Bears, Oh My," but you get the idea. The frequency and intensity of catastrophic events have become a significant concern for insurers, agencies, and insureds. We know insureds must be adequately prepared. Are yours? When recently working...
Having been in the industry for several years, I have had several opportunities to quote that new and exciting risk I have never quoted before. A challenge, something different, and the doors this may open. We have all been there, especially when you are a...