I attended the PLUS D&O Symposium in New York, February 8th and 9th. If you ever have an opportunity to go to this event, you will definitely want to take advantage of it. Not only is it in a great venue (Marriott Marquis at Times Square), the content is always cutting edge and valuable. Although […]
Increasing claim frequency could easily be a result of the economy’s drag on insureds and their clients. Desperate times call for desperate measures, and an insurance policy can look like easy pickin’s.
Some insureds like to handle their own claims — until they blow up. If the carrier is aware of this self-management and agrees to it, no problem. If not, the insured is risking an uncovered loss.
When an insured does not report claims, they are courting disaster. Subscribe to Knowledge Knuggets to find out why.