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PERSPECTIVES: Assessing the insurance risks of global warming and climate change

By: James Waller

Published March 02, 2014 - 6:00am CST

With the scientific consensus agreeing that global warming is happening, policyholders, insurers and reinsurers must assess the risks, the most pervasive of which is coastal flooding, and confront the challenges of climate change, says James Waller, research meteorologist at reinsurance brokerage Guy Carpenter & Co. L.L.C.

PERSPECTIVES: Cyber policies need flexibility to keep pace with changing laws

By: Linda D. Kornfeld

Published February 16, 2014 - 6:00am CST

Evolving consumer protection privacy laws are changing corporate exposures. Therefore, when buying or renewing privacy and data breach policies, companies should carefully review and seek modifications to policy language to ensure their policies are flexible enough to continue providing coverage if the laws and their exposures change during the policy term, says attorney Linda D. Kornfeld, a...

PERSPECTIVES: Dictionary definitions can be helpful in resolving claims disputes

By: Dennis T. Smith

Published January 22, 2014 - 5:44pm CST

Sometimes in an insurance coverage dispute, a policyholder needs to rely on dictionary definitions for terms that are not defined in the policy. Dennis T. Smith, a member of the law firm Pashman Stein P.C., explains how this is done.

PERSPECTIVES: Beware of catastrophe complacency

By: Roderick Hudson

Published December 29, 2013 - 6:00am CST

Insurers have seen an increase in catastrophe losses over the past several years, despite a relatively benign 2013. Underwriters and their policyholders need to take a proactive approach to managing catastrophe risks as they address the increased exposures, says Roderick Hudson, a regional underwriting manager at Markel Corp.

PERSPECTIVES: Top 2014 health reform priorities for employers

By: Amy Bergner And Michael Thompson

Published December 27, 2013 - 2:21pm CST

Employers are facing a turning point in providing health coverage, fueled largely by the Patient Protection and Affordable Care Act. Amy Bergner and Michael Thompson of PricewaterhouseCoopers L.L.P. urge employers to re-evaluate their roles in providing health coverage and pay attention to value.

PERSPECTIVES: Reinsurance sector needs to innovate to recruit top talent

By: Liam T. Lawrence

Published December 15, 2013 - 6:00am CST

The reinsurance sector needs to do a better job of recruiting and developing top job prospects, says Liam T. Lawrence, managing partner of executive search firm Reilly Partners Inc. While most large firms already have a basic college recruiting plan, the insurance industry in general needs to spread the word that the reinsurance sector is dynamic and vital to recruit the next generation of...

PERSPECTIVES: Employers need a comprehensive plan to handle workers comp brain injuries

By: Mark J. Ashley

Published December 09, 2013 - 5:19pm CST

Workers compensation insurers are best positioned when traumatic brain injury cases are identified immediately and referrals are made to treatment teams with the greatest experience in managing brain injury care, says Mark J. Ashley, CEO of Centre for Neuro Skills

PERSPECTIVES: The pros and cons of independent medical exams in comp cases

By: Daniel R. Miller

Published December 01, 2013 - 6:00am CST

There are several things that make an appropriate independent medical exam in a workers compensation case. First, make sure you know the objectives prior to scheduling the exam, says Daniel R. Miller, senior consultant at ClaimDocs L.L.C. The claims manager and the exam medical provider need to know exactly what the issues are and why the exam is being requested.

PERSPECTIVES: The risks of public-private partnerships

By: Jeff Slivka

Published November 17, 2013 - 6:00am CST

Although not yet as popular in the United States as in many parts of Europe, public-private partnerships have gained ground over the past few years as long-term alternatives for funding U.S. construction projects. While the projects represent an opportunity to improve U.S. infrastructure, the risks of the projects must be carefully evaluated, says Jeff Slivka, executive vice president and chief...

PERSPECTIVES: Workers comp insurers need to step up to the obesity challenge

By: Philip Edmundson

Published November 03, 2013 - 6:00am CST

Workers compensation insurers can no longer avoid dealing with the rise of obesity in the United States — and exiting the market isn't the answer. Philip Edmundson, chairman and CEO of William Gallagher Associates Insurance Brokers Inc., urges workers comp insurers to seize the opportunities inherent in this changing market and become proactive on loss prevention.

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Perspectives Guidelines

Business Insurance accepts articles from experts in commercial insurance, risk management and employee benefits management for publication in its Perspectives section. The section is intended to be a forum for readers’ opinions and a forum for the discussion of technical topics that do not lend themselves to news stories. Interested in submitting a Perspective article for publication? Download our Perspective guidelines.