Dealer Risk Solutions

Dealer Risk Solutions Dealership Risk Management & Insurance

The Pink Floyd Eclipse Laser Show
03/31/2024

The Pink Floyd Eclipse Laser Show

Spring Break in Riviera Maya, Mexico.
03/30/2024

Spring Break in Riviera Maya, Mexico.

Joyful day dropping our son, Brennan, at Stevens Institute of Technology today.
08/27/2023

Joyful day dropping our son, Brennan, at Stevens Institute of Technology today.

Last week I had the opportunity to reconnect with Chris Minahan for dinner. While success is relative, Chris is the impe...
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.

This recent $5.5B of Hail/Wind related damage is concerning for an already challenging Dealer Open Lot Insurance Marketp...
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.

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,

Attention BHPH Dealers: Does your Insurance provide Defense for Specified Statutes including TCPA?
06/07/2023

Attention BHPH Dealers: Does your Insurance provide Defense for Specified Statutes including TCPA?

A single voicemail message left on a cellphone without permission is enough to allow an individual to proceed with a class-action lawsuit alleging

Property insurance could be a concern for the foreseeable future. I’m not a politician and am not interested in how or w...
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?

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…

Graduating from  #1 STEM School in Ohio and on to Stevens Institute of Technology to study Electrical Engineering!
05/13/2023

Graduating from #1 STEM School in Ohio and on to Stevens Institute of Technology to study Electrical Engineering!

Who recalls the infamous 1994 McDonalds Hot Coffee $3M Lawsuit?  This was a defining settlement that, at the time, peopl...
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”.

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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