Scrooge & Marley, PLC: A commercial insurance case study


Scrooge & Marley, PLC, was a privately held partnership in 19th-century England that operated out of a dingy warehouse in the Cornhill section of London. Partners Ebenezer Scrooge and Jacob Marley founded the “counting house” with no outside investors or small business loans. Marley referred to the firm as “a money-changing hole,” a closely held, […]

The pros and cons of solar panels

There are many ways to “go green”—vegetative roofs, lightweight construction materials, insulating materials, and photovoltaic (PV) solar panels are among the most popular. But what are the pros and cons of solar panels for the average property owner, firefighters, and insurers? A photovoltaic solar panel system supplies usable solar power through the direct conversion of […]

Insurance and the presidential conventions

As was evident while viewing the Republican and Democratic National Conventions, the political operatives of their national committees truly delved into the minutia of how to spin their respective gatherings in Cleveland and Philadelphia. But politicians aren’t the only group with a vested interest in the smooth running of such conventions. Each has nonpolitical staff […]

What to look for when underwriting a general liability policy


Underwriters today have a thirst for reliable data but often face daunting research challenges to find it. They also face disjointed data sources that provide inaccurate and incomplete information. For general liability underwriting, you need reliable data that falls into three categories: the business itself, the actual premises, and the surrounding neighborhood. All three categories […]

Florida’s Investment in Building Codes Pays Off


There could hardly be a better laboratory to test the benefits of strong building codes than Florida in the first decade of the 21st century. From 2001 through 2010, hurricane tracks are a thicket of lines in every direction over the state, touching everywhere from Pensacola to Jacksonville to Key West. The official response to […]

Verisk Analytics sponsors week four of Building Safety Month


May 2016 is Building Safety Month, and Verisk Analytics is proud to sponsor week four of this national event. In a proclamation on April 29, President Barack Obama announced this designation and noted Verisk’s commitment to expand community resilience efforts through our Building Code Effectiveness Grading Schedule (BCEGS®) program. We’re very proud to receive that […]