X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

It’s usually in October that the stock market decides to go haywire. This year, it chose September. With the demise of the Lehman Brothers, the disappearance of Merrill Lynch into Bank of America Corp., and the sudden crash of American International Group, Inc. (AIG), one wonders if anyone in Washington, D.C., or our state insurance departments for that matter, even knows where the store is or who is managing it. Of course, like all aspects of life, it boils down to one word: risk. As adjusters, we know all about risk. We witness the monumental losses that risk can produce on a daily basis. Yet we can do little about it except pay the claims. Wouldn’t a bit of mandated risk management be a good idea?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.