by Brian Hunt, AIC, CPCU | Jul 28, 2014 | Underwriting
On The Tonight Show, Johnny Carson had a skit called “Carnac the Magnificent.” He held an unopened envelope to his forehead; inside was a card with a question written on it. Carson pretended to divine the question by first giving the audience the answer: Supervisor...
by Brian Hunt, AIC, CPCU | May 22, 2014 | Underwriting
Lapses in property insurance coverage are like the common cold. They happen frequently enough that we treat them like innocuous, routine occurrences. Properties are purchased in cash and the buyer isn’t required to have insurance immediately; payments get missed;...
by Kathleen Davis, CPCU, CIC, ARM, API | Feb 21, 2014 | Underwriting
I love esoteric endorsements, especially ones that are badly named, and this one’s a doozy. Not only do most people not know there’s a coverage gap that this endorsement is designed to fix, if they do know about it, they fall for the name. Everyone knows that theft...
by Kathleen Davis, CPCU, CIC, ARM, API | Sep 4, 2013 | Compliance, Industry News, Underwriting
Well you don’t, but the Feds do. Before I get into that, can I just say that I think there’s a competition between the government and the insurance business to see who can come up with more acronyms. So far, I think it’s a push. The Office of Foreign Assets Control...
by Steve Shepherd | Aug 20, 2013 | Sales
Well, friends…the time has come. I am getting my 2-20 license. Yep…you heard me correctly…I will not only have my license this coming October, but I will also be able to identify with all of you as well. You can either congratulate me…or console me. Either works. So...
