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GLG News by Personal and Commercial P&C Insurance Brokers

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June 27, 2007
Optional Insurance Coverage For Florida Motorists?
Analysis of: Will auto insurance become optional? | www.miamiherald.com
Author: GLG Expert Contributor
This will be a dramatic blew to Florida residents to have uninsured motorists driving in this state.  To not have insurance would create so many insurance claim problems and the courts would be filled with lawsuits.  The attorneys will get richer and the residents will pay for it one way or...
June 25, 2007
Insurance Agents: Educating Your Insured Before Claim Time=More Productivity
Analysis of: Speeding Up Your Homeowners Clain | tdi.state.tx.us
Author: GLG Expert Contributor
1. Tell the insured what their new policy covers Point of Sale and remind them to read, file, and call the agent if there are any questions. Also schedule an Annual Policy Review to reiterate the coverages even if the insured has suffered no losses during the policy period. 2. Inform the insured of...
April 16, 2007
SW FL market
Analysis of: Why Investors Should Consider Real Estate | online.wsj.com
Author: GLG Expert Contributor
As we all know - the SW FL real estate market went wild for a number of years.  And, in Aug. of '05, it died a miserable - horrible death.....This market (residential) has languished for the past 1.5 years.  It has steadily declined throughout '06 and thus far in '07.  We have the rest...
January 19, 2007
CAT Capacity Will Return in the Context of Modern CAT Management
Analysis of: The Insurance Market One Year After Hurricane Katrina | fpn.advisen.com
Author: GLG Expert Contributor
Underwriting companies are forced to play "catch up" to changes in catastrophe modeling which, when adopted as the basis of evaluation by rating agencies, create a market environment viewed as "reactionary" and "unbalanced."  The aquisition of new capacity or renewal of existing...

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