Quick Definition Actuaries analyze trends based on historical loss and exposure information. Exposure data is a way to measure the type and scope of risk being analyzed. Exposures vary …
Uptick in E&O claims
The industry has seen an uptick in E&O claims. This is the case due to the poor economy and many other factors. It is important to note that many …
Whats New?
What do reputation, government compliance, IP protection, malicious cyber attacks, non-malicious cyber attacks, have in common? They are some of the emerging risks that are changing the face of risk management. …
Management Matters Now and Always; The Hard Market Always Around the Corner
Business owners have largely benefited from the effects of the insurance market conditions since 2005. Price decreases year over year from 2005-2012 were realized in premium dollars and pure rate. In a lot of cases, the rate decreases were …
Insurance is Not a Four-Letter Word – But Risk Is!
At lunch recently I was asking one of my favorite clients his opinion about the state of our country and the idea that manufacturing might be one of the best ways to help …
MA adds step to boiler inspection: $50 fee!
Effective May 1, 2012, the Department of Public Safety (DPS) will issue certificates of inspection for boilers and pressure vessels and charge a $50 fee per certificate. Prior to …
Back to the basics: APPLICATIONS
We all know that the process of completing applications is not the most stimulating activity. The applications can range from a simple one page supplemental to 30+ pages of …