Survival Strategies – A is For Attitude

Lou Gehrig’s famous speech was reproduced in yesterday’s local newspaper.  It was the first time I read the entire speech.  This speech was an awesome speech.  Gehrig’s attitude in the face of certain death remains impressive 70 years later.

Whatever your struggle, try to maintain a positive attitude.

“For the past two weeks, you’ve been reading about a bad break. Today, I consider myself the luckiest man on the face of the Earth.

I have been in ballparks for 17 years and have never received anything but kindness and encouragement from you fans.

When you look around, wouldn’t you consider it a privilege to associate yourself with such fine-looking men as are standing in uniform in the ballpark today? Sure, I’m lucky. Who wouldn’t consider it an honor to have (Yankee owner) Jacob Ruppert? Also, the builder of baseball’s greatest empire, Ed Barrow. To have spent six years with such a grand little fellow as (Yankee manager) Miller Huggins? To have spent the next nine years with that smart student of psychology, the best manager in baseball today, Joe McCarthy? Who wouldn’t feel honored to room with such a grand guy as Bill Dickey?

When the New York Giants, a team you would give your right arm to beat, and vice versa, sends you a gift, that’s something. When the groundskeepers and office staff and writers and old-timers and players and concessionaires all remember you with trophies, that’s something.

When you have a wonderful mother-in-law who takes sides with you in squabbles against her own daughter, that’s something. When you have a father and mother who work all their lives so that you can have an education and build your body, it’s a blessing. When you have a wife who has been a tower of strength and shown more courage than you dreamed existed, that’s the finest I know.

So I close in saying that I might have had a bad break, but I have an awful lot to live for. Thank you.”

Compiled by biographer and author Jonathan Eig.

Looking For a Remote Underwriting Job? Good Luck.

EconomPic: Can We Inflate Our Way out of this Mess?

Looking for a remote underwriting job?  Maybe you’re looking for any underwriting job.  If the answer is “yes” please read this article on EconomPic.  And if you’re a visual type, I’ve reproduced the graphics from the article.

Take Home Lesson – Plan B…now.  Time to create a new and different future.

Scary stuff

Scary stuff

Scarier stuff

Scarier stuff

Underwriting Solutions LLC – A New Theme

If you are a repeat visitor you will no doubt notice the theme change for this blog.   Over time, the content of this blog has evolved too.  At first, I focused on success tips.  As my writing matured, this blog has become an online archive of news I find interesting and relevant to the life underwriting profession.  I hope you find this website useful.  As always, your comments and suggestions are welcomed.

Remote Underwriting Jobs – Do Your Homework

If you are looking for work it is critical to do your homework about a prospective employer. There are companies out there in trouble. For example, check out this excerpt from a recent SEC 8K filing. To be clear, this filing is not from an insurance company and is used here solely for illustrative and educational purposes. The company who filed this report is real.   Would you take a job with this company?  Do your homework.

Item 8.01. Other Events.
Company Actions Regarding Liquidity Position
The Company is, and expects to be, in default under a number of its financial obligations to its lenders and venture partners, including under certain loan agreements and other funding obligation agreements, and has commenced discussions to restructure these obligations and potential related claims. The Company has sought, and continues to seek, waivers with respect to such defaults, and is seeking to reach negotiated settlements with its various creditors in order to preserve its liquidity and enable it to continue operating. The Company believes that it will be in the best interests of all creditors to grant such waivers or reach such negotiated settlements with the Company and has entered and is seeking to enter into standstill agreements with a number of its creditors similar to the Standstill Agreements described in Item 1.01 of this Current Report on Form 8-K. However, there can be no assurance that such waivers will be received or such settlements will be reached, and, depending on the materiality, such discussions and agreements may or may not be separately disclosed in the future. If the defaults are not cured within applicable cure periods, if any, and if waivers or other relief are not obtained, the defaults can cause acceleration of certain of the Company’s financial obligations, which the Company may not be in a position to satisfy. The Company is also engaged in discussions with various venture partners and third parties regarding the sale of certain assets with the purpose of increasing liquidity and reducing obligations to enable the Company to continue operations. There can be no assurance that any of these discussions will result in the consummation of any transactions, and, depending on the materiality, such transactions may or may not be separately disclosed in the future.

Read a Book a Week – Get (almost) Free Books

What do you do with books after they have been read?

  • Build a library
  • Clutter the house or apartment
  • Rent a storage unit

Like most avid readers I like to keep a lot of my books.  So I’m into bullet points 1 & 2.  But to avoid bullet point 3 you need a plan.  My plan is to give most of my books away.  I’ve created a sidebar link that will take you to a list of available books on Bookins.  The only cost to you will be S&H charges.  Check it out.

Survival Strategies – Time to Get Personal

Bloomberg.com: News

The insurance industry has shed 8,140 jobs since November 1, 2008.  This is according to Bloomberg News and Challenger,
Gray & Christmas, the Chicago-based outplacement firm.  I intend to continue writing posts on job search sites and articles of interest for underwriters who may be searching for their next opportunity.  If you are searching out of necessity feel free to contact me and I’ll do what I can to help.

And with this post, I’ve started another intermittent series titled Survival Strategies.  I hope you find this useful and best of luck in finding what you’re looking for.

Read a Book a Week (or 0.9846)

I came up short in my 2008 efforts to read a book a week.  Every year I have the same goal – read a book a week.  Hitting or exceeding that number is not the point.  The point of this simple exercise in goal setting is establishing motivation to read.  The beauty is in the simplicity.  One.  You know when you are on track.  You know when you are off the pace.

Last year I read or listened to 40 books.  I got busy with other stuff and my reading got less time.  But the end of 2008 marked the completion of five years of practicing this simple success strategy.  Over that time period, I have read 256 books or 0.9846 books per week.  So while I missed my goal in the short term, over the longer term I am reading about one book a week.

Here are some strategies I plan on using in 2009 to raise my average to 1.0:

  • More audio-books.  You can get a lot of “reading” done by listening.  This is especially effective when exercising.
  • Find little blocks of time to read.  Get up 30 minutes earlier and read.  Listen to a book in your car on your way and from work.  Read when you’re waiting in a line.
  • Read something you normally don’t read.  Personally, this means less business books and more fiction.

Tune in next year, same place.  I’ll report on my 6 year average which, hopefully, will be >1.0.

B as in Books – How to Read a Book a Week

“You will always have your brain with you (until that time when brain transplants are done and you may have someone else’s brain).”

Dale Dubin MD

There is some advice that has been around for a long time. Great ideas stick around. (BAD IDEAS stick around too, but that’s another story). Today’s post is about a great idea that comes with a ironclad guarantee. The guarantee is this:

Read a book a week and you will achieve success in your work and your life.

Most of the people you know don’t have the motivation or discipline to read a book a week. Or they may regard this idea as a foundation for a better future and greater personal success as nonsense. I make this audacious guarantee because I know the answer to the following questions:

How many people do you know read a book a week?

Do you know of any successful individuals who don’t read a lot?
Exactly.

Most of the people who learn about my peculiar reading habit give me a handy excuse for not reading a book a week. Some even get a little defensive, others apologetic.

“I don’t have time. Who has the time anyway?”

Well kids, you make time for what is important. In this time starved society of ours you need just a little bit of creativity to find the time to read. Here’s a list of some practical strategies to read a book a week.

Always Have a Book

Think about the time you spend waiting in lines. If you had a book you could easily squeeze in 5 to 10 minutes of reading. Think of other situations where you could grab 10-15 minutes of reading time. I always bring a book to the barbershop. If you have a book, you can always squeeze in a few minutes of reading.

Watch Less Television…Play Less Video Games

Personally, I stopped playing video games because I was never any good at them. I don’t watch a lot of television. I read.

Be Selective in What You Read

Try to read with purpose. Are you reading for entertainment or to learn something? If you’re trying to learn something, what are you trying to learn? At any given time I am reading between 8 and 10 different books. What you choose to read is not only a function of your personality and interests but also of your mood. I tried to read and finish a complete book before starting another but failed. Quirky yes, but this reading style works for me. Try it.

Read What Interests YOU

At any given moment I am totally and completely unable to tell you which books are on any best seller list. I’m simply not interested in what is selling well. I’m much more interested in books that interest me. We often associate bad feelings with reading because while in school we were forced to read what we were told to read. Well, no one is telling you what to read anymore. Read something, anything you want to learn a little more about.

Listen to Audiobooks

Whether in your car or your iPod, audiobooks are a fantastic way to get more “reading” done in the time you have. Try listening to a book while on the treadmill. This is my kind of multi-tasking.

So where will all of this reading? If practiced with a little bit of passion and purpose your reading will bring a great deal of knowledge and a development of an awareness of the world we live in. When you read a new book every week, you condition your mind to continuously take in new knowledge. Your thinking remains fresh and sharp. Your brain is always churning on new ideas, looking for connections, and synthesizing the input.

Just this afternoon I finished half of Dr. Dubin’s classic Rapid Interpretation of EKG’s. I’m getting more out of this book now than the first time I read it.

Quirky, yes.
So what was the title of the last book you read? And how long ago was that?