Commentary

Reading the reminiscences of former Florida Insurance Commissioner Tom Gallaghers trials in the aftermath of Hurricane Andrew got me to thinking about what a hit the insurance industry took from that storm. Im not talking about the financial hit, but the reputational hit.

I was in Chicago last week for Insurance Telematics 2012 and listened to presentations from about two dozen speakers on how telematics and usage-based insurance will affect both the commercial lines and personal lines of insurance. Heres a sampling of quotes from the conference.

I was in Chicago last week for Insurance Telematics 2012 and listened to presentations from about two dozen speakers on how telematics and usage-based insurance will affect both the commercial lines and personal lines of insurance. Heres a sampling of quotes from the conference.

The "insurance ninja" reflects on what's involved in launching a new agency.

Most business owners who purchase Garagekeepers Legal Liability insurance are concerned about vandalism or theftbut what happens when the cars in their care are damaged by gunshots?

From credit scoring to hurricane deductibles, these new and revised requirements may impact insurers' underwriting processes.