Dealer Risk Solutions
Dealership Risk Management & Insurance
03/31/2024
The Pink Floyd Eclipse Laser Show
03/30/2024
Spring Break in Riviera Maya, Mexico.
08/27/2023
Joyful day dropping our son, Brennan, at Stevens Institute of Technology today.
06/26/2023
Last week I had the opportunity to reconnect with Chris Minahan for dinner. While success is relative, Chris is the impetus for what I have achieved in my career.
Many years later, I still vividly recall and practice two of the many lessons Chris Minahan taught me: (1.) Commit one-hour every day to self-improvement and learning something new. (2.) Every decision you make brings you further or closer to your success.
Take a moment to reflect on the one person who had the most significant influence on your career. Make sure you thank this person by practicing their teachings and passing it forward.
06/22/2023
This recent $5.5B of Hail/Wind related damage is concerning for an already challenging Dealer Open Lot Insurance Marketplace in the SE United States.
Hail and Wind from Thunderstorms Caused $5.5 Billion in Damage, KCC Says Severe weather created when a stationary front trapped warm, humid air over Texas and the Southeast caused an estimated $5.5 billion in insured losses,
06/07/2023
Attention BHPH Dealers: Does your Insurance provide Defense for Specified Statutes including TCPA?
Single Voicemail Enough to Violate Telephone Consumer Protection Act, 6th Circuit Rules A single voicemail message left on a cellphone without permission is enough to allow an individual to proceed with a class-action lawsuit alleging
06/06/2023
Property insurance could be a concern for the foreseeable future. I’m not a politician and am not interested in how or why the Climate is changing. One thing for certain is that weather patterns are changing, property claims are increasing, and property insurance carrier profitability is deteriorating as a result.
6/1 property reinsurance renewals increased > 30%. What happens if other insurance carriers follow Allstate and State Farm's lead and pull-out of difficult weather States to remain sustainable?
How Does Climate Change Create Financial Risk? Ask Insurance Companies. Much of the current debate about ESG initiatives and how companies consider the impact of climate change on their operations appears to operate in a…
05/13/2023
Graduating from #1 STEM School in Ohio and on to Stevens Institute of Technology to study Electrical Engineering!
05/12/2023
Who recalls the infamous 1994 McDonalds Hot Coffee $3M Lawsuit? This was a defining settlement that, at the time, people believed was outlandish. Consider the domino-effect of egregious jury verdicts: The insurance carrier needs to raise premiums to pay for the claim. The business has greater insurance expense and needs to raise prices. Ultimately consumers pay more at the register as a result of these “lottery payments”.
Advisen Front Page News The family of a 4-year-old girl allegedly scalded by a steaming hot Chicken McNugget is taking McDonald’s to court in Broward County, faulting the fast-food giant for poor training and failing to protect its customers.
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Cleveland, OH