Football and small businesses: Models for championship performances

Every year in early February, the nation fixates on an annual event that generally draws the largest TV audience: the Super Bowl. The Super Bowl LI contest between the Atlanta Falcons and New England Patriots boasts two teams at the top of their game, both worthy of being the champion. That got me thinking. It […]

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 Insurable Risks of Zombie Attacks on Small Businesses

Zombies are sweeping the nation—at least if you believe the media and pop culturists. The walking dead are everywhere, from cities and small towns to homes and offices. While most people try to eradicate them, few are learning to adapt and deal with the situation. Case in point: For every time you’ve seen zombies creating […]

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 […]

Traumatic brain injury deaths highest for small company construction workers

As you might imagine, the construction industry has the greatest number of both fatal and nonfatal traumatic brain injuries (TBIs) in U.S. workplaces. A total of 2,210 construction workers died because of a TBI from 2003 to 2010. That’s a rate of 2.6 per 100,000 full-time workers. The deaths represent 25 percent of all construction […]

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 […]