The Financial Stability Oversight Council (FSOC) was created as part of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank) and tasked with developing guidelines used to determine systemically important financial institutions (SIF
Home Associations: Buyer Beware; Hurricanes and a Business Income Quirk; Multiple Occurrences in Personal Lines
A recent report by Goldman Sachs discussed the coming of age of the Asian century. The report analyzed the impending domination of China and India as economic and technological powerhouses in the global scene.
Catastrophe modeler Risk Management Solutions surprised the industry last February with the release of Version 11 of its Atlantic Hurricane Model. Unlike RMS’s previous versions—and the models of other data crunchers like AIR and Eqecat—Version 11 posited
By: Volume 108, No. 10
Buying out your parents in your family-run agency? Check. Making relationships with siblings and in-laws work to run a business? Check. Trying to grow a small town, Main Street agency in a difficult economy? Check. New Big “I” Chairman Mike Donohoe has be
As I prepare for my year leading IIABA as chairman, I have been spending a lot of time reflecting on why my volunteer work has become such a significant part of my life. I can’t tell you how many times I’ve been asked, “So why do you do this stuff?” or “W
As the legislative year winds down, the cyclical world of politics dictates that the election season will soon escalate into full-swing.
Rental Cars and Unauthorized Drivers; BAP Coverage for Employees’ Property; Employee Theft of Customers’ Property
A presentation in late 2010 by Robert Hartwig, president of the Insurance Information Institute, included a passage indicating the historic percentage of the personal lines market written through the independent agency system. The graph is rather dismal,