Readers of this blog may have noted that from time to time I refer to “the D&O Insurance industry,” or to the “Professional Lines Insurance industry” but may not be sure what I was talking about. The good news is that for anyone who wants or needs to find out about the industry, there is now a book for that. It is called “Professional Lines Insurance: An Oral History,” with the subtitle “The People and Companies Who Built a Niche.” The book is available here. It would be conventional to say that the book was “written by” industry veteran Larry Goanos, but that would suggest that this is a conventional book – which it is not. It is more like a literary form of performance art with the professional lines insurance industry as its subject, and with Larry’s own personal industry experience as the central organizing theme. It is also a detailed account of many of the people who made the industry what it is today.
Continue Reading Book Review: “Professional Lines Insurance: An Oral History”

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?