Tuesday, February 28, 2012

What to Know about Security and Privacy and How to Insure it

New training from Insurance Journal's Academy of Insurance. Register today!
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New Training from Academy of Insurance

What to Know about Security and Privacy and the Policies that Insure it

Security and Privacy is one of the fastest growing segments in the Insurance Industry. With a number of different companies offering some type of coverage, it's important to know what your client needs and how to ensure that your clients have adequate coverage.

In this webinar, Fred Fisher discusses different effects the State and Federal laws and regulations have and how best to protect yourself and your clients.

Click Here to Register

What you will learn in this webinar:

  • State and federal laws and how they affect us
  • What you can do to protect yourself
  • How to insure security and privacy

When you register, you get:

  • Access to the live webinar
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Thursday, March 1st for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires February 29th)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Date: Thursday, March 1st
Time: 1:30pm ET / 10:30am PT
Duration: 1 Hour
Price: Save $40 until Feb. 29th! Register today for just $89!
Click Here to Register

Instructor: Fred Fisher

Photo of Fred Fisher Agency executive, industry leader and widely published author.

More Great Training:

MAR 7: Insolvency Exclusions in E&O - If your agency has the Insolvency Exclusion in its E&O Policy, this webinar is for you!

MAR 8: Practical Workers' Compensation: What you need to know (4-part series) - Statutes, common law, contracts and the human element combine to produce a safety net for workers injured on the job.

MAR 14: Learn How to Use DISC to Win Business - The DISC personality behavior model is an effective tool that allows you to identify your customer's preferred communication style - quickly establishing a positive connection. Once you understand your client's preferences, you can tailor your presentations and target your message to meet their needs.

MAR 15: Practical Workers' Compensation: Employees, Contractors and Contractual Risk - Who qualifies as an "employee?" This session dissects employee/employer relationships to avoid surprises following a loss or at audit.

MAR 21: Preparing an Underwriting Submission - Do you know how to get the most favorable consideration and pricing for your client?


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Monday, February 27, 2012

Kidnap & Ransom Coverage's Myths, Lies and Legends Answered

New training from Insurance Journal's Academy of Insurance. Register today!
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New Class: Myths, Lies and Legends Surrounding Kidnap and Ransom Coverage
New Training from Academy of Insurance

Myths, Lies and Legends Surrounding Kidnap & Ransom Coverage

Often misunderstood and undersold, this coverage can make or break not only the financial health of a company, but the health and safety of its owners and key employees.

Exposures are more widespread than agents or insureds imagine.

Click Here to Register

What you will learn in this webinar:

  • Respond to common misconceptions about K&R and how it works
  • Identify who needs the coverage
  • Overcome objections regarding purchase
  • Evaluate the variety of offerings in the marketplace

When you register, you get:

  • Access to the live webinar
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Wednesday, February 29th for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires February 28th)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Date: Wednesday, Feb. 29th
Time: 1:30pm ET / 10:30am PT
Duration: 1 Hour
Price: Save $40 until Feb. 28th! Register today for just $89!
Click Here to Register

Instructor: Chris Christian, CIC, RPLU

Photo of Chris Christian Industry leader and experienced broker, specializing in professional liability.

More Great Training:

MAR 1: What to Know about Security and Privacy and the Policies that Insure it - Security and Privacy is one of the fastest growing segments in the Insurance Industry. Do you know all you need to know about Security and Privacy and how the different laws affect us?

MAR 7: Insolvency Exclusions in E&O - If your agency has the Insolvency Exclusion in its E&O Policy, this webinar is for you!

MAR 8: Practical Workers' Compensation: What you need to know (4-part series) - Statutes, common law, contracts and the human element combine to produce a safety net for workers injured on the job.

MAR 14: Learn How to Use DISC to Win Business - The DISC personality behavior model is an effective tool that allows you to identify your customer's preferred communication style - quickly establishing a positive connection. Once you understand your client's preferences, you can tailor your presentations and target your message to meet their needs.

MAR 15: Practical Workers' Compensation: Employees, Contractors and Contractual Risk - Who qualifies as an "employee?" This session dissects employee/employer relationships to avoid surprises following a loss or at audit.


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Weekly Reader Picks: Monday, February 27, 2012

Insurance Journal Weekly Reader Picks
February 27, 2012

Top 10 for the Past Week

1.Cruise Ship Industry Leaves Crash Victims Little Hope for Recovery
Feb 21, 2012 -- When Walter Henry Alderfer learned last month about the Costa Concordia shipwreck off Italy, it brought back bad memories. In April 2007, he, his wife and his daughter were aboard the Sea Diamond cruise ship when it struck a reef off Greece and sank ...
2.4.0 Earthquake in Missouri Shakes 9 States
Feb 23, 2012 -- Just days after the 200th anniversary of a series of massive earthquakes in southeast Missouri, residents woke up on Feb. 21 to a rumbling reminder that they live in one of the continent's most active seismic areas. The U.S. Geological Survey said ...
3.6 Things I Learned from Reading Steve Jobs Authorized Biography
Feb 24, 2012 -- The first lesson learned from Walter Issacson's best-selling biography, Steve Jobs (Simon and Schuster), is that you should have started your agency in a garage with a guy called "Woz." If you did, stop reading now and count your billions. If not, ...
4.P/C Insurers Face Obstacles on Road to Hard Market
Feb 24, 2012 -- With interest rates low and looking like they will stay low for some time to come, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers expecting to achieve ...
5.U.S. Should Expect Another Above-Normal Tornado Season in 2012
Feb 21, 2012 -- The U.S. should expect an active severe weather season with above-normal tornadoes in 2012. That's after a near-record number of tornadoes in 2011, according to forecasters at AccuWeather.com in State College, Penn. Last year ranks as the fourth ...
6.$20M Verdict Upheld in Massachusetts Pool Slide Lawsuit
Feb 20, 2012 -- A Massachusetts judge has upheld a $20 million jury award to the family of a Colorado woman who died after a Toys `R Us inflatable pool slide partially collapsed. In October, a jury ordered Toys "R Us to pay the award to the family of Robin Aleo ...
7.The Hartford’s AARP Program Looking for Agents
Feb 22, 2012 -- The Hartford says it will be increasing the availability of its auto insurance program for members of the American Association of Retired Persons (AARP) by expanding its base of producers. Originally, members of the AARP could only get the car ...
8.There’s an App for That: Mobile Phone Quoting
Feb 21, 2012 -- Don't be surprised if in the not-too-distant future on a television commercial you see Flo, adorned in her white apron, drop her price scanner and pick up a smartphone, on which she takes a picture of a driver's license and a VIN number on a car and ...
9.Florida Jury Awards Man $3.3 Million Over Bank’s False Alarm
Feb 21, 2012 -- A Miami-Dade jury has awarded $3.3 million to a man who was trying to cash a check but was then detained after a Bank of America teller activated a silent alarm. According to the Miami Herald, the jury ruled Friday that the bank was negligent in ...
10.Atypical P/C Executive: Chartis CEO Hancock on Fear, Regulation, Science and More
Feb 22, 2012 -- The keynote speaker told the professional liability insurance underwriters that regulation is not the enemy of business growth, the plaintiffs' bar is their ally, deleveraging of financial institutions is a good thing, financial firms have not ...

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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Tuesday, February 21, 2012

Insuring Condominium Property & Liability Exposures

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New Class: Secrets of Condos Property and Liability
New Training from Academy of Insurance

Secrets of Condos Property & Liability

Completing the condominium insurance picture necessitates "jigsaw puzzle" tenacity. Quite a few pieces must be snapped together to assure the proper insurance picture is presented; any missing information can leave a gaping hole in either the association's or unit owner's coverage picture.

Regardless of the client's status as the association or individual unit owner, the puzzle cannot be completed until the agent can connect the answers to two questions: Who is responsible for what property? What is the value of the insured property?

Click Here to Register

What you will learn in this webinar:

  • The difference among All In, Base Walls and Original Specifications condo rules
  • How the flood policy figures into condos
  • How to properly place a value on condo property (based on who insures it)
  • Who can be held liable for injury or damage?

When you register, you get:

  • Access to the live webinar
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Thursday, February 23rd for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires February 22nd)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Date: Thursday, Feb 23
Time: 1:30pm ET / 10:30am PT
Duration: 1 Hour
Price: Save $40 until Feb. 22nd! Register today for just $89!
Click Here to Register

Instructor: Chris Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS

Photo of Chris Boggs Director of Education at Insurance Journal's Academy of Insurance

More Great Training:

FEB 29: Myths, Lies and Legends Surrounding Kidnap & Ransom Coverage - Kidnap & Ransom coverage can make or break not only the financial health of a company, but the health and safety of its owners and key employees.

MAR 1: What to Know about Security and Privacy and the Policies that Insure it - Security and Privacy is one of the fastest growing segments in the Insurance Industry. Do you know all you need to know about Security and Privacy and how the different laws affect us?

MAR 7: Insolvency Exclusions in E&O - If your agency has the Insolvency Exclusion in its E&O Policy, this webinar is for you!

MAR 8: Practical Workers' Compensation: What you need to know (4-part series) - Statutes, common law, contracts and the human element combine to produce a safety net for workers injured on the job.

MAR 14: Learn How to Use DISC to Win Business - The DISC personality behavior model is an effective tool that allows you to identify your customer's preferred communication style - quickly establishing a positive connection. Once you understand your client's preferences, you can tailor your presentations and target your message to meet their needs.


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Tuesday, February 14, 2012

Correctly Insuring Builder's Risk and Contractor's Equipment

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New Class: Builder's Risk / Contractor's Equipment
New Training from Academy of Insurance

Insuring Builder's Risk & Contractor's Equipment

You should be the first person contractors think of when insurance coverage is mentioned!

Project managers all agree that it's important for any construction project to stay on track and on budget. One way to ensure this need is to have a solid insurance protection plan in place, with absolutely no gaps in coverage.

This is where your knowledge pays off; you are the hero when you provide the best and broadest protection for the general contractor AND all the exposures presented by a construction project.

Many insurance risks are presented by construction projects. Coverage errors are common, yet easily avoidable when you study to be the best in this area.
Join us this Thursday as Terry Tadlock talks about some of the most common and easily avoidable mistakes.

Click Here to Register

What you will learn in this webinar:

  • An overview of Builders Risk
  • Soft costs associated with Contractors
  • How to properly terminate coverage
  • What coverages need to be included to build a proper program

When you register, you get:

  • Access to the live webinar
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Thursday, February 16th for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires February 15th)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Date: Thursday, Feb 16
Time: 1:30pm ET / 10:30am PT
Duration: 1 Hour
Price: Save $40 until Feb. 15th! Register today for just $89!
Click Here to Register

Instructor: Terry Tadlock, CIC, CPCU, CRIS

Photo of Terry Tadlock President of Coastal Plains Insurance, LLC

More Great Training:

FEB 23: Secrets of Condos Property / Liability - Learn the key issues regarding the insuring of condominiums to avoid holes in either the association's or unit owner's coverage.

FEB 29: Myths, Lies and Legends Surrounding Kidnap & Ransom Coverage - Kidnap & Ransom coverage can make or break not only the financial health of a company, but the health and safety of its owners and key employees.

MAR 1: What to Know about Security and Privacy and the Policies that Insure it - Security and Privacy is one of the fastest growing segments in the Insurance Industry. Do you know all you need to know about Security and Privacy and how the different laws affect us?

MAR 7: Insolvency Exclusions in E&O - If your agency has the Insolvency Exclusion in its E&O Policy, this webinar is for you!

MAR 8: Practical Workers' Compensation: What you need to know (4-part series) - Statutes, common law, contracts and the human element combine to produce a safety net for workers injured on the job.


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Breaking News: The Hartford Pressured to Split Up

Insurance Journal Breaking News
February 14, 2012

Breaking News Alert

The Hartford’s Biggest Stakeholder Wants to Split Up the Firm

Read the full story

The Hartford Financial Services Group's biggest stakeholder is not happy with its stock price and wants The Hartford CEO Liam McGee to do "something drastic," including splitting up the company's life insurance and P/C businesses.

Speaking at the company's earnings call last week, John Paulson, the billionaire hedge fund manager who controls the largest stake in The Hartford, told CEO McGee he needs to reverse the insurer's continuing stock slide.

Read the full story

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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Monday, February 13, 2012

Weekly Reader Picks: Monday, February 13, 2012

Sponsored by: Chartis. We'll help you get through customs. Multinational means knowing local markets worldwide. Click here for more information.
Insurance Journal Weekly Reader Picks
February 13, 2012

Top 10 for the Past Week

1.Chubb Sues Actress Marisa Tomei Over $129K Damage in NYC Apartment
Feb 6, 2012 -- Three insurance companies have sued Academy Award-winning actress Marisa Tomei in a New York court last week, seeking $128,755 in damages. Pacific Indemnity Company, Federal Insurance Company and Vigilant Insurance Company -- all members of Chubb ...
2.Have Insurers Lost the Capacity to Run an Underwriting Profit?
Feb 9, 2012 -- We frequently hear people ask, "When is the next hard market going to come?" And by that they typically mean double-digit increases in premium growth for a sustained period of time. Of course, no one knows. But perhaps more importantly, we think ...
3.P/C Insurers’ Combined Ratio for 2011 Estimated at 107.5%
Feb 6, 2012 -- The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked havoc. Insurers were affected by an ...
4.State Farm Plans to Hire 3,000 Employees
Feb 6, 2012 -- Illinois-based State Farm Insurance said it will hire 3,000 people across the U.S. and Canada, filling many positions left empty during the recession, and add 900 agents. The news follows an announcement by Chrysler that it will add almost 2,000 ...
5.Allstate Readies Homeowners Product for More States
Feb 7, 2012 -- Look for Allstate to roll out a new homeowners product in phases to additional states through 2014. The insurer launched its new homeowners product, House & Home, in Oklahoma in October 2011. It offered new discounts and more coverage and ...
6.NYC Judge Throws Out Beer Pong Lawsuit
Feb 8, 2012 -- A judge has thrown out a New Jersey man's lawsuit against a Greenwich Village pub over injuries he suffered following a beer pong game. The judge found Alan Berger voluntarily signed up for the beer-drinking game and couldn't sue Wicked Willy. The ...
7.Has Pet Insurance Become a Necessity?
Feb 9, 2012 -- After Nicole Bodzon, 28, a consultant in Conifer, Colorado, paid $1,600 for her pug, Pepe, to have a possibly cancerous tumor removed from his eye, she thought she might benefit from an insurance policy. But it took her a while to figure out how to ...
8.AIG Reviewing Succession as Chairman Takes New Job
Feb 7, 2012 -- Bailed-out insurer American International Group will review its succession plans after its chairman accepted a job as the chief executive of an airplane maker, the company said on Tuesday. AIG CEO Bob Benmosche has been in treatment for cancer since ...
9.Out-of-Trust C.M. Meiers Brokerage in California Fetches $1.375 Million at Auction
Feb 3, 2012 -- Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned on Friday at a U.S. bankruptcy court near Los Angeles, with three competing bidders pushing the sales price to $1.375 million for the troubled brokerage's assets and assumption of its ...
10.California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 7, 2012 -- A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to the tune of thousands of ...

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3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Monday, February 6, 2012

Weekly Reader Picks: Monday, February 6, 2012

Looking for Workers' Comp Markets? Click here for more information.
Insurance Journal Weekly Reader Picks
February 6, 2012

Top 10 for the Past Week

1.Florida Investigating Cause of Multiple Car Pile-Up That Killed 10
Jan 31, 2012 -- Authorities in Florida are trying to determine what caused a horrific highway pileup where vehicles collided one after another on a dark highway so shrouded in haze and smoke that drivers were blinded. At least 10 were killed in the early Sunday ...
2.BB&T to Acquire P/C, Life Insurance Units of Wholesaler Crump Group
Feb 3, 2012 -- North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group. Under the terms of the agreement, BB&T said it will pay $570 million in cash for Crump ...
3.Super (Insurance) Coverage for the Super Bowl
Feb 2, 2012 -- They say it's a game, but it's really a lot more than that. For football fans, the Super Bowl is every holiday rolled into one, especially when their teams have made the big game. The stuff that dreams are made of. Non-fans have the commercials to ...
4.Lawyers Jump Into Cruise Ship Disaster Cases
Jan 30, 2012 -- Soon after Mitchell Proner, a New York personal-injury lawyer, heard about the capsizing of the Costa Concordia off the coast of Italy, he sprang into action. Proner, who specializes in motorcycle-accident lawsuits, has never litigated a maritime ...
5.Office Super Bowl Pool? How to Pick Like a Pro
Feb 1, 2012 -- With Super Bowl XLVI less than a week away, armchair quarterbacks are flexing their biceps to throw hard-earned cash into the office pool. You will probably do what a lot of people do, and rely on your gut to make your picks. You might step it up a ...
6.How Insurance Distribution Is Changing
Jan 26, 2012 -- Insurance distribution is changing and agents and brokers—retailers and wholesalers—have to define the value they offer and what type of relationships they will have with carriers and customers in the years ahead, according to a leading ...
7.Consumer Group Charges Auto Insurers with ‘Disparate Treatment’ of Low Income Families
Jan 30, 2012 -- A consumer group on Monday issued a study that alleges "disparate treatment" of low-to moderate-income families by auto insurers nationwide. The group is asking state insurance commissioners to consider lowering minimum liability coverage ...
8.Maryland High Court Sides With Allstate in Coastal Homeowners Case
Jan 31, 2012 -- The Maryland Court of Appeals, the state's highest court, ruled in favor of Allstate last week. It upheld a previous lower court's ruling that the insurer was within its rights to stop writing new homeowners policies in coastal areas of the state in ...
9.Woman Takes Honda to Small-Claims, Wins Big
Feb 3, 2012 -- A Southern California woman took Honda to small-claims court and won in a big way. Los Angeles Superior Court Commissioner Douglas Carnahan ruled Wednesday that the automaker misled Heather Peters about the potential fuel economy of her hybrid car ...
10.Georgia Jury Awards $2.3 Million in Kroger Customer’s Suit
Jan 30, 2012 -- A Gwinnett County, Georgia jury has awarded $2.3 million in damages after a judge determined that Kroger destroyed and manipulated key video evidence involving an injured customer. The Atlanta Journal-Constitution reported that 49-year-old Craig ...

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3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

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