I had two different, perhaps more substantive things in line to talk about today, but I think I am going to push them back to later in the week, to instead pass along a highly entertaining article (at least to people who really like the ins and outs and oddities of the insurance industry) that
Industry News
Is It Just Plain Rational for Insurers to Pull Back from Coastal Markets?
Anyone interested in the topics of this blog is probably familiar with the media coverage of homeowners insurers raising rates and/or simply withdrawing from writing homeowners insurance in coastal regions, including not just in the traditional hurricane regions of the south but up through New England as well. Many stories are replete with sturm und…
Dickie Scruggs
By Stephen Rosenberg on
Posted in Industry News
The media is ablaze with discussion of this whole Dickie Scruggs indictment/bribery circus. I don’t expect I am going to have much to say about it – ever -on this blog; not to put on airs, but although insurance is in the title of this blog, I try to focus the subject matter on substantive…
Robert Kingsley, Insurance Industry Oracle
By Stephen Rosenberg on
Posted in Industry News, Interviews
In the first and so far last of our series of interviews with people of interest in the insurance and ERISA communities (I will do more at some point, but the interview post turns out to be the most difficult and time consuming to do well, which is probably why most people leave them to…
Is Global Warming A Horror Movie Waiting to Happen for the Insurance Industry?
By Stephen Rosenberg on
My colleague, computer patent guru Robert Plotkin, once referred to insurance as a leading indicator when it comes to the issue of global warming, and I have talked before about the idea that governments and societies will act to curb global warming and to deal with related problems only when we reach the point…
Reinsurance and LaRue, All in the Same Post
By Stephen Rosenberg on
Instead of posting twice in the same morning, I am going to try to address two distinct substantive issues, one involving reinsurance and the other ERISA, all in the same post, hopefully without turning this post into some sort of Frankenstein monster combination of topics that instead should have been kept entirely separate.
On the…
Should Credit Scoring Be Used to Set Auto Insurance Rates?
By Stephen Rosenberg on
Posted in Industry News
For those of you who don’t know, Massachusetts is in the process of dragging its insurance system out of some sort of strange, almost pre-Thatcherite British collectivist era, and into the modern American economic hurly-burly that marks pretty much every other part of consumer life. Today’s Boston Globe has an interesting little article on…
Why Health Care Inflation Numbers Justify ERISA Preemption of State Health Care Reform Legislation
By Stephen Rosenberg on
Someone once said that Marx was wrong about a lot of things, but he was right that everything is economics. Nothing illustrates this maxim more than the various attempts by states to get around ERISA preemption – such as discussed here and here – and mandate health insurance coverage in one manner or another. These…
On Blogging and Canadian Insurance Coverage Law
By Stephen Rosenberg on
Posted in Industry News
I just stumbled, metaphorically speaking, across this excellent blog on Canadian insurance law, and thought I would pass it along. I guess that makes this Canadian law day here on the blog (take a look at the last post). Maybe tomorrow we will go back to America.
More Recommended Reading: The Cavalcade of Risk
The Cavalcade of Risk: 1st Anniversary Edition, is now up at Insure Blog. Noting that “it was a year ago this week that we published the first Cav,” Insure Blog explains that the Cav is intended as a round up “of interesting/unusual risk-related posts from around the blogosphere.” One of my posts is up…