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Two former risk managers share some of the things they know now that they wish they had known when they were in their old jobs. Henry Good, now with Wells Fargo Insurance Services, and Lance Ewing, now with Chartis, spoke with Insurance Journal’s Andy Simpson at the MarketScout Entrepreneurial Insurance Symposium.
The Republican takeover of the House of Representatives bodes well for the insurance industry, according to one leading Washington insurance lobbyist.
“I think it will be an environment that will be a little more balanced for the pro business viewpoint. We’ll have an opportunity, I think, to work closely with those committee members,” Leigh Ann Pusey, president and CEO of the American Insurance Association, told Insurance Journal in a this video interview in which she outlines the committee changes that could affect federal insurance legislation. In subsequent videos, Pusey also discusses how the politics of deficit reduction night affect the federal flood insurance program and whether a divided Congress means gridlock ahead.
Insurance Information Institute Chief Economist Steven Weisbart gives his economic outlook for 2011.
Peter Van Aatrijk and Rick Morgan talk with Joseph Puckett, owner of Joseph Pucket Agency in Pelham, Alabama. Pucket is a young, new, aggressive captive agent who is making very effective use of social media to achieve his dream of owning his own business. He shares some tips on how to build and grow a “social” presence. By spending only 10 minutes a day, he has grown his Facebook “likes” to over 4,000. He also remains committed to building strong in-person relationships.
A reader commented:
“I’m going to go ahead and reiterate the obvious; this is an invasion of privacy, and is detrimental to people as a whole. We NEED to have a personal life to escape from the daily grind of work. So long as our escapes don’t land us in legal trouble or affect our job performance, there is NO reason to intrude upon one’s privacy to try to evaluate their employability. This is why we require convictions in America to give merit to accusations. I will take this one step further, however. I would like to ask for discussion on what steps we believe should be taken to combat, prosecute, and otherwise quell this blatant destruction of our expectation and right of privacy.”
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A reader commented:
“For every carrier walking away from business or firm their renewals, there is another carrier willing to write the business for the same price or cheaper. That’s the tailspin we are in today. Carriers can’t firm up their book of business to needed pricing levels, because the regionals (in particular) continue to buy and buy and buy business. I’ve never seen the Midwest so competitive, and yet every carrier walks in our office and complains about the money they are losing.”