money-question.JPGIn my Nov. 26 blog entry, I commented on how odd it sounded when Jay Fishman, chairman and CEO of Travelers, said he buys his homeowners insurance from a competing carrier. A few of you set me straight, and laid out the potential conflicts of being covered by your own company. We were inspired to make this topic the focus of our quarterly column, “A Question Of Ethics.” Read on and please file your take in the comment section.

Are Mr. Fishmans ethical concerns warranted? What are the ethical considerations of buying coverage from the carrier you work for when it comes to your personal property and liabilitieswhether you are an insurance company employee, or an agent or broker representing the carrier?

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join PropertyCasualty360

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

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.