Understanding Named Insureds and Additional Insureds

Understanding Named Insureds and Additional Insureds

Today we continue our series helping personal lines insurance professionals seeking to make the move to commercial lines. In the past we’ve written about Business Income, Worker’s Compensation/Employer’s Liability, Coinsurance and the Basics of Commercial Lines Insurance. What is the difference between a Named Insured and an Additional Insured? If you’ve ever been asked to … Read more

The Simplest Insurance Glossary

The Simplest Insurance Glossary

“If you can’t explain it to a six year old, you don’t understand it yourself.” Albert Einstein Today we are trying something brand new that we think might be cool and is definitely needed. Inspired by the Einstein quote, the XKCD comic and book, the Simple English Wikipedia and a few very useful tools we … Read more

Using Catastrophe Models

Using Catastrophe Models

Today we have the third part of guest author Nick Lamparelli‘s series on Catastrophe Modeling. Click here for part one and here for part two. “If you challenge conventional wisdom, you will find ways to do things much better than they are currently done.” Bill James (author of Baseball Abstracts and Godfather of “ Moneyball”) … Read more

Understanding Catastrophe Models

Understanding Catastrophe Models

Today we have part two of our our series on Catastrophe Models by catastrophe modeler Nick Lamparelli. You can read part one here. “You stop sending me information, and start getting me some.” Gordon Gekko In this, the second part of our series on CAT models, we will go into the guts of a catastrophe (CAT) model … Read more

Catastrophe Models: A Non-Technical Primer

Catastrophe Models: A Non-Technical Primer

This article originally appeared on InsNerds.com Today we feature a guest article by catastrophe modeler Nick Lamparelli. “The information you have is not the information you want. The information you want is not the information you need. The information you need is not the information you can obtain. The information you can obtain costs more … Read more