Coinsurance – Don’t Assume You Know What it Means

In insurance words mean different things in different policies, it’s probably why most people think insurance is complicated and cumbersome. Coinsurance is one of those words and it means something much different in a property policy then it does in your health insurance or D&O policy. Find out how it can reduce your claim payment in the property policy.

Confused About Insurance? You Are Not Alone.

I want to help people better understand their insurance.  All too often people and companies only have a high-level understanding of their insurance policies and unfortunately the devil is in those hundreds of pages called a policy.  Often times insurance buyers don't ask the questions that need to be asked when they renew their insurance … Continue reading Confused About Insurance? You Are Not Alone.

We Can Learn Something About Insurance From a Funny Video on Vaping

Do you remember when insurance companies had to make significant reserve adjustments for Asbestos claims in the early 2000s even though the exposure happened years ago? I worked for Hartford at the time, on their investment side, and even though our sales were great, Hartford's earnings always seemed to disappoint because they kept having to … Continue reading We Can Learn Something About Insurance From a Funny Video on Vaping

Tesla, Harvey Weinstein, and Board Composition for California Companies – A Review of News that Could Impact the D&O Market

There is a lot of news recently that relates to D&O insurance recently and I thought I would do a quick run-down for you. First we have Tesla and Elon Musk.  If you haven’t seen or heard, Musk and Tesla were each fined $20 million for Musk’s tweet saying they were going private and that … Continue reading Tesla, Harvey Weinstein, and Board Composition for California Companies – A Review of News that Could Impact the D&O Market

How We Helped a Client After Their Product Was Condemned

I am going to share with you a story about a new client that left their prior insurance broker because of a bad loss they suffered that could and should have been covered.  I am going to explain why they choose us but I want to be clear, getting a new client because they suffered … Continue reading How We Helped a Client After Their Product Was Condemned

Black Swan Events – Are You Protected?

A lot of people are familiar with the idea of the “Black Swan” event, quite simply an event that is near impossible to predict and has catastrophic results.  Oftentimes, after a Black Swan event we mistakenly believe it was easier to predict than it actually was and over time dismiss its significance.  After a Black … Continue reading Black Swan Events – Are You Protected?