Articles by Patrick Wraight

Patrick Wraight, CIC, CRM, AU, is director of Insurance Journal's Academy of Insurance. He can be reached at pwraight@ijacademy.com.

Should Insurance Drive Increased Firearm Safety?

It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal article indicated respondents of a survey thought insurance could have a role in firearm safety. …

2 Firearm Situations. Maybe They’re Covered.

NOTE: This is an excerpt from a longer article on IJ. Here’s the full article. When it comes to firearms and insurance, we can look at them in two ways. First, as items of personal property, in which case, in …

Viewpoint: Should Insurance Drive Increased Firearm Safety?

It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal story indicated respondents of a survey thought insurance could have a role in firearm safety. …

Risk Management Considerations for Condo Association Boards

The condo association takes on a special level of responsibility because of the unique form of ownership that is the condominium. To make sure we are all on the same footing — a condominium is a form of ownership where …

A Variety of Risk Exposures Exist at Marinas Big and Small

Marinas are places where people interact with boats. Maybe that’s not earth-shattering to you but consider all that it means to operate a marina and all of the different ways that risk is present at a marina. Marinas can be …

The Imperfect World of Insurance

In a perfect world, there would be perfect markets, including a perfect insurance market. A perfect market means that every market participant is able to transact their business exactly perfectly. All participants have perfect information, which allows them to buy …

4 Important Aspects of Agency E&O Coverage

Errors and omissions (E&O) coverage is one of those topics that people have a love/hate relationship with. For the most part, professionals who need E&O cover like to know what coverage they have, when it covers them, and how they …

I’m Over Seeking Work/Life Balance

I’m over seeking work/life balance. Is that ok to tell you? Too late, I guess. Here’s the deal. When I was in college (in my late 20s), I had a professor who taught about work/life balance as this thing where …

It’s Not You. It’s Me.

I had a conversation the other day with a friend. He had apologized to someone at work about something that wasn’t really his fault. At least it wouldn’t look that way to most of us. He told me that someone …

Potential Pitfalls for Nonprofit Organizations

Nonprofit organizations and not-for-profit organizations have similar insurance needs to other commercial entities, but they also have some insurance needs that are more complicated than other commercial entities because of the nature of their exposures and the ways that they …