Small Stories Can Have A Big Impact In my first few months as managing editor, Ive made some good calls about stories we should pursue for National Underwriter. But I bet one we ran earlier this month had some readers, and maybe some of the folks I report to, scratching their heads.
Some might have asked why in the world we devoted space in the June 2 edition to a report on the Canadian insurance market (see “Canadian P-C Insurers In Intensive Care?” on page 30). In particular, why should we care about a company in Ontario that boosted auto insurance reserves by a mere $140 million?
I felt the very same way, a few weeks earlier, when a freelance reporter from Canada called to pitch a story about a company called Pilot, a subsidiary of Aviva, which booted its CEO and other executives after announcing the reserve charge. He kept using words like “scandal” and “shenanigans” in his voice mail pitch, as he tried to give me a scoop, apparently believing that I hadnt heard a word about the situation before.
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