November 2020
Surplus Line Reporter Texas
We are insurance industry professionals working
and writing about this buisness for over 40 years.
Articles
SLTX sees cost of SMART technology rise to $9.6 million
What started as a $4 million project to upgrade technology at the Surplus Lines Stamping Office of Texas is now anticipated to exceed $9.6 million before the SMART system is fully implemented. The board of directors of SLTX approved an amendment to the statement of...
Texas PIA substitutes all-day webinar for state convention
Texas Professional Insurance Agents hosted a day-long virtual conference on Oct. 15 as it joined numerous other associations shifting from in-person annual conventions to online sessions in the wake of the coronavirus pandemic. David Gorman, president of Texas PIA and...
FIWT considers 2020 a ‘skip year’ for officers, education
With both the 2020 midyear expo and annual convention moved to the internet due to COVID-19 restrictions, the Federation of Insurance Women of Texas and its local associations looked back on a year that hardly happened and kept lots in place for the coming year. The...
Markets harden, it could be a hard winter for brokers
London Views By LEN WILKINS London Correspondent London underwriters continue to increase rates and take advantage of a hardening market. Managing agent Hiscox's latest trading statement shows rates accelerating further in the third quarter, with aggregate...
Hartwig: P/C profit not dependent on who’s in the White House
Thirteen days before Election Day, Robert Hartwig, Ph.D., CPCU, addressed the ICT Property and Casualty Symposium, for the first time virtually, even though he has appeared in person at the annual event at least 15 times previously. Hartwig said then that he looked...
Hartwig Q&A
During Q&A following Robert Hartwig's prepared remarks to the ICT Property and Casualty Insurance Symposium, an industry member posed the question: "In Texas there is a lot of talk about plain language in insurance policies. What are your thoughts? Can plain...
Insurance Fraud Hall of Shame
By JAMES QUIGGLE As microbes march across America, the parallel pathogen of insurance crime also continues prowling for victims. Look no farther than the newest avatars of avarice, the Insurance Fraud Hall of Shame. They're the No-Class of 2020. These culprits are...
The News In Brief
Texas News In Brief November 2020
MARIT'S READS One of my favorite speakers and authors is Steve Anderson. This month IIAT featured Anderson during IIAT RISE Virtual Summit. In his recent book, The Bezos Letters, Anderson deconstructs Amazon CEO Jeff Bezos's annual review letters to shareholders that...