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Insurance Blog Week In Review August 15-21, 2007

Insurance Term Of The Week: Surplus Lines Insurance Wednesday August 15, 2007. Surplus Lines Insurance markets are needed to provide alternatives for unusual or higher risk insurance not offered by licensed insurers or insurance companies in the state a customer lives. There are often situation where insurance coverage is unavailable from licensed insurers because of the risk exposures or because coverage terms and conditions don’t provide the specific insurance a customer needs. Related Blogs: Some History About Lloyd’s Of London Speciality Lines Insurance Million-Dollar Legs. Body Part Insurance This week I decided I wanted to get the Glossary of Insurance … Continue reading →

Insurance Blog Week In Review August 8-14, 2007

Insurance Term Of The Week: Specialty Lines Insurance Wednesday August 8, 2007. Fire Safe Landscape Additions and Improvements Tips Homeowners have the obligation of protecting their home and personal property and to reduce the risk anyplace possible. It’s important to do routine maintenance and consider choice we make when landscaping to reduce the risk of fire. There are several Blogs about Fire Safe Landscaping. Thursday August 9, 2007. Fire Smart Landscape Maintenance Reminders One of the most expensive investments most people will ever make is purchasing a Home and what we do with our landscape and maintenance is an important … Continue reading →

Lloyd’s of London and Some of The Risks Insured, or Not.

In the History of Lloyd’s of London Blog I wrote about how the underwriting syndicate started in the coffee house of Edward Lloyd during the late 1600’s. Today Lloyd’s is well known as the insurance market where anything can be covered for the right premiums. It’s not completely fact that Lloyd’s will insure anything, but they will consider unusual assets and greater risks. Lloyd’s underwriters have agreed to insure everything from the 1st airplane to Betty Grables legs. Even John Glenn America’s 1st astronaut, was insured with Lloyd’s. From shipwrecks and piracy to Kidnap and Ransom Lloyd’s can often find … Continue reading →

Surplus Lines Insurance

Surplus lines insurance markets are needed to provide alternatives for unusual or higher risk insurance not offered by licensed insurers or insurance companies in the state a customer lives. There are often situation where insurance coverage is unavailable from licensed insurers because of the risk exposures or because coverage terms and conditions don’t provide the specific insurance a customer needs. When a customer isn’t able to find insurance coverage from licensed companies, the surplus lines market provides a choice and flexibility. Surplus lines underwriters then to be creative and innovative with the products they have to offer. There are several … Continue reading →

A Link Between Alzheimer’s and Glaucoma

British researchers have discovered common protein fragments in people with Alzheimer’s disease and people with glaucoma. This discovery may change how both diseases are treated. These protein fragments are called amyloid-beta. In people with Alzheimer’s disease, amyloid beta fragments form plaques in the brain. In people with glaucoma, amyloid beta fragments seem to cause the death of cells in the retina. The University College of London study focused on testing drugs that blocked pathways normally traveled by the amyloid beta fragments. In animal testing, the drugs reduced eye damage and helped preserve the lives of cells in the retina. The … Continue reading →

Underwrite, Underwriting and Insurance Underwriter–Who Are These People?

I once told a very wonderful editor that an Insurance Underwriter was just about the same job description as the editor of a bunch of Bloggers. When I first started in the Business of Insurance my best boss ever used to kindly refer to underwriters as “people from a different planet.” Of course, we did our very best to make sure we kept our underwriters happy, because they had an amazing skill of causing extra work when we didn’t do our end of things correctly. An Underwriter is an intermediary between the insurance company who offers to accept the liability … Continue reading →