The Personal Watercraft Market — Ship Shape!

Interesting to see, as disclosed in the article “Storm Clouds May be Ahead for Personal Lines, Says Superintendent Cioppa,” in the May 17, 2019 edition of The Standard, that legislators in Maine are contemplating making boat insurance mandatory  If the bill were to pass, it would make the Pine Tree State the only one east of the Mississippi, and one … Continued

ILAB June Course Offerings

The Insurance Library’s June Courses Calendar of Courses Introduction to Cyber Insurance $135 members, $150 non-members (3 MA Producer CE Credits) Instructor, Deborah Johnson, Esq. Meets Monday, June 3, 2019 from 1:00 to 4:00 PM at The Insurance Library. Essentials of Commercial Property Insurance — Basic Concepts $370 members, $410 non-members (12 MA Producer CE Credits) Instructor, Marc Cleary, … Continued

Trends & Insurance

As the focus on gig or alternative workers  and the sharing economy has grown, and interest in drones, smart homes and the tiny home market has become more mainstream, we wanted to explore some of the risks and insurance products that have evolved due to current trends. We will undoubtedly revisit some of these subjects in future issues as we … Continued

#RIMS2019

#RIMS2019 It’s an exciting time at The Insurance Library as the world of risk management is focused on Boston with the Risk and Insurance Management Society (RIMS) holding its annual conference here this week.  We are looking forward to seeing many attendees both at the meeting site and here at The Library. Insurance and risk … Continued

It’s Not Easy Being Green

It’s Not Easy Being Green Hannover Re is celebrating Earth Day by scaling back its investments in coal based risks and tightening its underwriting for reinsuring the risks. XL Insurance, Allianz, Munich Re and Swiss Re have already limited or significantly tightened their investment and exposure to coal risk as well. Related to these types of steps, a recent study of insurance executives by the Geneva … Continued

National Library Week

  This week is National Library week and today is National Library Workers Day. In case you haven’t seen the update on our website, The Library has added photos and brief biographies for each member of the staff. Click here to learn more about all of us. As part of the celebration, we’d love it … Continued

Movie Madness — Basketball & Brackets

Of Basketballs & Brackets Warren Buffet*, is famous, not just for his investing acumen, but also for his March Madness office pool. While he’s offered a million dollars a year for life in various March Madness contests since 2014, so far no one has won the grand prize. Even without such a hefty prize on the line, … Continued

ILAB April Course Offerings

ILAB April Courses Calendar of Courses   Homeowners Insurance $370 members, $410 non-members (9 MA Producer CEUs) Instructor, Phil Sibilia. Meets Tuesday & Wednesday, April 2 & 3, 2019 from 9:00 AM to 3:00 PM at The Insurance Library.   CPCU530, Business Law for Insurance Professionals (2 DAY) $435 members, $485 non-members (30 MA Producer CEUs) Textbooks $215 Instructor, Marc … Continued

Focus on Women in Insurance

As Women’s History Month comes to a close, it’s a good time to consider the expanding role women are playing in the insurance industry which has traditionally, insurance has been viewed as a male-dominated business. While a recent McKinsey & Company study indicates that is still true at the executive level,  it is no longer the case for the industry as a … Continued

Insurtech: A Guide to the Universe, Regulation & Disruption

The increased pace of technological advancement and some distinct examples of radical disruption led to a recent period of intense scrutiny/activity/focus on innovation during which many (all?) market incumbents felt the need to engage in peer comparisons to ensure they were not in imminent threat of being left behind. A Delloitte white paper, InsurTech Entering its … Continued