In addition to a nice PR campaign; I hope they take the opportunity to explain the need for tort reform, as the reason that the “insured” is just as unwilling to take on the risk, as the insurer is.
As any risk manager learns quickly or ultimately fails, it’s a risk manager’s job to say “yes” if at all possible. If you keep saying no, people stop asking and just circumvent the process. Carriers should use a little risk management and give guidelines for what should be done and how it can be done more safely. I’d certainly rather write a candy-throwing mime than some of the risks I’ve seen insured in the past.
The online sites that the industry proposes to come out with and use, in order to defend itself as a guardian of the public welfare, should make for interesting reading…and viable testimony.
Conversely, not speaking up also testifies about the industry.
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In addition to a nice PR campaign; I hope they take the opportunity to explain the need for tort reform, as the reason that the “insured” is just as unwilling to take on the risk, as the insurer is.
As any risk manager learns quickly or ultimately fails, it’s a risk manager’s job to say “yes” if at all possible. If you keep saying no, people stop asking and just circumvent the process. Carriers should use a little risk management and give guidelines for what should be done and how it can be done more safely. I’d certainly rather write a candy-throwing mime than some of the risks I’ve seen insured in the past.
The online sites that the industry proposes to come out with and use, in order to defend itself as a guardian of the public welfare, should make for interesting reading…and viable testimony.
Conversely, not speaking up also testifies about the industry.