WHY REINSURANCE AND INNOVATION ARE THE ROOTS OF POLICYHOLDER PROTECTIONBy David Howard, Kate Friday and Kyle Menendez
This article was originally published by The Rough Notes Company, Inc. in the June 2021 Issue of Rough Notes Magazine/Florida Special Report and is republished with permission from the publication.
Thomas Carlyle, the 19th century Scottish[...]
Receiving feedback is essential for healthy relationships and professional development, but we dread it and often dismiss it. In “Thanks for the Feedback: The Science and Art of Receiving Feedback Well,” authors Douglas Stone and Sheila Heen explain why getting feedback is so crucial, yet so challenging.
Hurricane Season begins on June 1 each year and runs until the end of November, however, hurricanes can form earlier than June and continue into December depending on the temperature of the water and the conditions of the ocean. If conditions are “right,” a hurricane can develop at a rapid pace.
Storm season officially begins on June 1 and ends November 30 (although there are discussions about bumping up the start date to May 15 in future years). These dates historically describe the period each year when most tropical cyclones form in the Atlantic basin and is adopted by convention. However, the formation of tropical cyclones is possible at any time of[...]
You made it through Valentine's Day - the time of the year when love is in the air and the pressure is on for your significant other to remind you how much you are admired (and vice versa). Whether you received chocolates, flowers, or a romantic dinner this Valentine's Day, jewelry was the favorite gift this year with over $4.1 billion spent on jewelry purchases[...]
At the beginning of 2020, life was pretty normal. In the United States, we had the usual business of politics, and we had the typical business of business. In March, for the most part, business and normalcy ground to a halt. No one, not even Nostradamus, could have predicted how the world and the United States would react to the COVID-19 pandemic. Never in the[...]
External factors influence our day-to-day lives, which make the world an uncertain place. Insurance carriers, like Lighthouse, look to remove uncertainty in order to properly develop products for our customers, adjust rates for risks taken, and protect ourselves from a catastrophic loss caused by an external event like a hurricane, tornado, hail, or earthquake.
I have spent most of my career working in a remote setting, so it was an adjustment five years ago when I joined Lighthouse and needed to go into an office every day. At the time, Lighthouse had limited experience with remote employment and, like many businesses today that have been forced into remote alternatives, had concerns about drops in productivity, loss of[...]
The names are in! With the 2020 Atlantic Hurricane Season starting June 1st and running until the end of November, it’s almost certain we will come across at least one named storm. A storm will be named when it reaches the tropical storm stage of development with winds blowing at a minimum of 39 mph.