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Sean M. Fitzpatrick

A great deal of the attention in the business pages to the coronavirus outbreak has focused on the question of insurance coverage for pandemic-related business losses. In the following guest post, Sean M. Fitzpatrick takes a look at these issues and provides his own thoughts. Sean is professor of public policy at Trinity College in Hartford, CT. This article was originally published in the CT Mirror on March 22, 2020. I would like to thank Sean for allowing me to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Sean’s article.…
Continue Reading Guest Post: America’s Insurance Capital to the Rescue?

The board of the Spencer Educational Foundation has declared Monday, February 24, 2020 as Spencer Day. The Spencer Education Foundation was founded in 1979 to fund the education of tomorrow’s risk management and insurance leaders through scholarships and grants for students risk management, insurance, actuarial science and business. The organization also facilitates internship opportunities, provides on and off campus experiential learning opportunities through grants, and funds development of risk management/insurance curriculum. The purpose of the Spencer Day designation is to showcase Spencer scholarship recipients, the companies who hire them, and the myriad ways that Spencer supports industry education.
Continue Reading Monday February 24, 2020 is Spencer Day

brexitThe historic June 23, 2016 vote by a majority of voters for the United Kingdom to leave the European Union has dominated the headlines and roiled financial markets around the world – and for good reason. The U.K.’s withdrawal from the E.U. will have an enormous impact on the U.K itself, on the E.U., and on the rest of the world. Many of the consequences of Brexit will only become apparent as the long process that is about to commence unfolds over the course of the next few years. But while all of the consequences of Brexit will only become fully apparent over time, many of the likely effects can be predicted or at least anticipated now.

Among other things, because the financial services sector is among the industrial segments to which E.U. regulations have most extensively been applied, the financial services sector is among the segments that will be most significantly affected. In the following post, I review some of the ways that Brexit will impact the insurance industry, and discuss the implications for the industry, as well.
Continue Reading What Does the Brexit Vote Mean for the Insurance Industry?