The attached article posted by the Business Insurance Magazine focuses on the Feb. 3 derailment and chemical spill involving a freight train carrying hazardous materials operated by Norfolk Southern Corp. in East Palestine, Ohio, the event is likely to trigger claims on a … [Read more...] about Business Insurance 03/05/2023- Ohio Train Derailment Puts Focus on Railroad Insurance, Risk Management
News
Insurance Journal 2/21/23- Young Voices Reflect on Industry Talent Crisis
This article posted by the Insurance Journal addresses the current talent crisis that many insurance companies and industry professionals are predicting or currently facing. Many industries had baby boomers who aged in place over the past couple of decades and are now retiring en … [Read more...] about Insurance Journal 2/21/23- Young Voices Reflect on Industry Talent Crisis
1/6/2023- FTX Liability Tentacles Spread Far
Read Dr. Hartwig's comments in Carrier Management on the "liability tentacles" arising from the collapse of #FTX. While there are certainly D&O and E&O implications, he takes a dim view of crypto in general and repeatedly warns his students that cryptocurrencies have no … [Read more...] about 1/6/2023- FTX Liability Tentacles Spread Far
Best’s Review 12/22- In New Year, Insurers Face Prospects of Inflation and Recession
The December issue includes Best’s Review’s annual listing of top auditors and actuaries as well as rankings of U.S. surplus lines insurers and U.S. inland marine, U.S. ocean marine and U.S. fire and allied writers. As 2022 comes to a close, insurers see uncertainty on the … [Read more...] about Best’s Review 12/22- In New Year, Insurers Face Prospects of Inflation and Recession
Denver Post 12/01/22- Colorado wildfires are making it harder to insure homes. Could a publicly funded plan stave off an insurance crisis?
Today’s Denver Post Front Page Sunday headline story featured a lengthy, in depth piece entitled “Will Insurance Companies Opt to Leave Colorado?” focusing on insurance affordability, availability and CO DOI/legislature’s appetite for a residual market/FAIR Plan and the CO DOI … [Read more...] about Denver Post 12/01/22- Colorado wildfires are making it harder to insure homes. Could a publicly funded plan stave off an insurance crisis?
The Wall Street Journal 10/07/22- In Hurricane Ian’s Wake, Insurers and Homeowners Gear Up for Coverage Fights
The Wall Street Journal posted an article about Hurricane Ian and its impact on Florida homeowners. The article touches on how legal battle is looming for home insurers in Florida as cash-strapped, underinsured homeowners are expected to turn to the court system to try to force … [Read more...] about The Wall Street Journal 10/07/22- In Hurricane Ian’s Wake, Insurers and Homeowners Gear Up for Coverage Fights
Adjusted Podcast 9/5/22- The Impact of COVID on Workers Compensation and the Economy with Bob Hartwig
Adjusted is a podcast brought to you by Berkley Industrial Comp. They are committed to changing the workers’ compensation insurance space to allow for a more holistic approach focusing on outcomes as well as the employer/injured worker experience. Professor Robert Hartwig is … [Read more...] about Adjusted Podcast 9/5/22- The Impact of COVID on Workers Compensation and the Economy with Bob Hartwig
It’s Not Just the Weather: The Man-Made Crises Roiling Property Insurance Markets
Dr. Robert Hartwig co-authored a paper titled "It's Not Just The Weather" discussing how the tragedies from Hurricane Andrew led to positive community safety innovations through modern building codes and enhanced regional mitigation initiatives. However, thirty years later, there … [Read more...] about It’s Not Just the Weather: The Man-Made Crises Roiling Property Insurance Markets
RG MAGS 7/27/2022- Thirty Years After Andrew, Florida is in Insurance Crisis Again
Thirty years ago, the Category 5 storm, Hurricane Andrew, caused damage on a previously uncontemplated scale. The storm rendered 11 US insurers insolvent and resulted in a fundamental change in how catastrophic risk was insured. Rates for insurance premiums tripled as insurers … [Read more...] about RG MAGS 7/27/2022- Thirty Years After Andrew, Florida is in Insurance Crisis Again
The Daily Gamecock 7/27/22- SC One Of The Deadliest States For Drivers
Dr. Robert Hartwig was featured on The Daily Gamecock discussing why South Carolina is the deadliest state for both drivers and pedestrians. He explains that it is due in part to the high about of rural highways in the region. "When you have more rural highways, you tend to have … [Read more...] about The Daily Gamecock 7/27/22- SC One Of The Deadliest States For Drivers