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Investing in Employees Is a Priority at Deland, Gibson

Insurance Journal

By Allen Laman As Deland, Gibson Insurance Associates Inc. (DG) approaches its 125-year anniversary, the Massachusetts-based independent agency is expanding its footprint and revenue. DG is also continuing its tradition of treating employees right. F...

Posted: Oct 20, 2024

Why Tech Matters in M&A

Insurance Journal

Yeah, so in terms of technology and AI specifically, Technology and AI innovation makes an impact when it comes to merger and acquisition decision, according to Brooke DeWyze, chief development officer for PCF Insurance Services. DeWyze, who spends h...

Posted: Oct 20, 2024

Employee Development, Community Are Key at G&G

Insurance Journal

By Allen Laman G&G Independent Insurance has cracked the code. For the fifth straight year, G&G has been named a finalist in Insurance Journal’s Best Agencies to Work For competition. Five straight years of praise coming from inside the...

Posted: Oct 20, 2024

Update: What’s Going on With Condos?

Insurance Journal

The condominium building is an interesting form of owning property where an individual owns their unit, what is sometimes referred to as a box of air, and at the same time, becomes a part of the condominium ownership association, which …

Posted: Oct 20, 2024

‘Employees Are the Heart of This Company’ at Ansay and Associates

Insurance Journal

By Jahna Jacobson For over 75 years, Ansay and Associates has invested in its future by investing in its people. “As a family owned and independent agency, we have the freedom to focus on long-term success rather than short-term gains,” &...

Posted: Oct 20, 2024

At Energy, ‘You Are Not Just a Number’

Insurance Journal

By William Rabb The president of Energy Insurance Agency, an operation with a large presence in Kentucky, said it is “incredibly humbling” for the agency to again be named one of Insurance Journal’s Best Agencies to Work For in the...

Posted: Oct 20, 2024

Biggest Agency Needs

Insurance Journal

There are three things that Tony Martinez, chief information officer, at Unison Risk Advisors sees as the biggest needs in agency technology today overall. Some of these are outwardly facing and some are more operation and internal in nature. “...

Posted: Oct 20, 2024

3 Emerging Risks: Microplastics, 3D Printing and Heat Pumps

Insurance Journal

We often take for granted the resources and materials that help us run our businesses and build our homes. Steel, cement, plastic — building blocks such as these have afforded us the flexibility to grow our communities, create new products, &#8...

Posted: Oct 20, 2024

Agents More ‘Satisfied’ with Commercial Insurers

Insurance Journal

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According...

Posted: Oct 20, 2024

Might the Realtor Ruling Affect Insurance Distribution?

Insurance Journal

The fairly recent ruling on how realtors are paid seems likely to dramatically alter real estate sales. I’m not in that business so I don’t know all the ins and outs, both the obvious and the not so obvious, unintentional …

Posted: Oct 20, 2024

Supreme Court to Decide if White, Straight Workers Face Higher Bar in Bias Lawsuits

Insurance Journal

By Daniel Wiessner The U.S. Supreme Court agreed in early October to decide whether it should be more difficult for workers from “majority backgrounds,” such as white or heterosexual people, to prove workplace discrimination claims. The j...

Posted: Oct 20, 2024

Commoditization and Storytelling

Insurance Journal

Last year, I addressed the issue of insurance policy commoditization in the context of industry advertising in at least four of my monthly columns. Over the years, I’ve blogged about it several times. Recently, I’ve posted about it on my...

Posted: Oct 20, 2024

Equipment Breakdown Tops Small Restaurant Claims List

Insurance Journal

By Allen Laman With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small business restaurant...

Posted: Oct 20, 2024

Why Homeowners Insurers Are Unprofitable and What to Do About It: Aon

Insurance Journal

A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers receiving significant rate inc...

Posted: Oct 20, 2024

CMR Leaders Show and Get Employee Appreciation

Insurance Journal

By Don Jergler It’s often easy to put a finger on exactly why someone likes their job, and if there’s more than one thing to like, that says something good about the workplace. But what does it say if there …

Posted: Oct 20, 2024

Making Friends with the Future: Agency Tech Moving at a Faster Pace than Ever Before

Insurance Journal

By Andrea Wells That used to be one of my biggest beefs as an agency owner — I have all of these pieces of tech and none of them talked to each other,” Vonda Copeland, co-owner and vice president of …

Posted: Oct 20, 2024

In the Dark: Telling the Truth About Flooding Requires Accurate Maps and Strong Disclosure Laws

Insurance Journal

Hundreds of thousands of Americans already live in homes that have repeatedly flooded. To get a good handle on the extent of those losses, check out the Federal Emergency Management Agency’s web page that hosts an extensive dataset with informa...

Posted: Oct 20, 2024

Are Your Customers Protected From Cybercrime?

IA Magazine

Cyber insurance is just one component in protection from cybercriminals. By recommending these additional strategies to customers, you can position yourself as a trusted advisor.  

Posted: Oct 20, 2024

Cybersecurity Failure: Lessons From the CrowdStrike Incident

IA Magazine

A logic error caused a major outage, impacting critical sectors. What can risk managers and cybersecurity pros learn from the CrowdStrike event?  

Posted: Oct 20, 2024

How Employers Create EPLI Exposure by Using Biometric Technology

IA Magazine

Using, maintaining and storing employees' biometric information can present employment practices liability insurance (EPLI) concerns if employees make allegations and file lawsuits involving biometric laws.

Posted: Oct 20, 2024

How Employers Create EPLI Exposure by Using Biometric Technology

IA Magazine

Using, maintaining and storing employees' biometric information can present employment practices liability insurance (EPLI) concerns if employees make allegations and file lawsuits involving biometric laws.

Posted: Oct 20, 2024

Managing Rising Homeowners Premiums By Offering Standalone Jewelry Coverage

IA Magazine

To manage homeowners premium increases, 50% of the agent respondents suggested that clients remove jewelry riders and floaters and move coverage to a standalone jewelry policy, according to survey.

Posted: Oct 20, 2024

Managing Rising Homeowners Premiums By Offering Standalone Jewelry Coverage

IA Magazine

To manage homeowners premium increases, 50% of the agent respondents suggested that clients remove jewelry riders and floaters and move coverage to a standalone jewelry policy, according to survey.

Posted: Oct 20, 2024

Capco Drives U.S. Insurance Practice Expansion with Three New Partners

IIR

The Partner team covers all insurance lines of business and brings a complementary set of industry, technology and consulting expertise.

Posted: Oct 20, 2024

Half & Half

coverager

The Kemper Foundation announced that applications for the Read Conmigo bilingual educator grant are now open for the spring 2025 grant cycle.

Posted: Oct 19, 2024

Navigate from Injury to Recovery

Risk & Insurance

At Enlyte we’re here to help you navigate from injury to recovery. The post Navigate from Injury to Recovery appeared first on

Posted: Oct 18, 2024

Hurricanes Helene, Milton Likely to Be $50B Disasters; Much Uninsured

Carrier Management

Hurricanes Helene, Milton Likely to Be $50B Disasters; Much Uninsured Monstrous hurricanes Helene and M...

Posted: Oct 18, 2024

Man Banned From California Work Comp System Charged Again in $100M Fraud Scheme

Carrier Management

Man Banned From California Work Comp System Charg...

Posted: Oct 18, 2024

Stronger Helmet Laws Could Have Saved up to 20,000 Motorcyclists: Study

Carrier Management

Stronger Helmet Laws Could Have Saved up to 20,000 Motorcyclists: Study More than 2...

Posted: Oct 18, 2024

Arkansas Insurance Hall of Fame Honors 5 Inductees

Insurance Journal

The Arkansas Insurance Hall of Fame honored five inductees and awarded seven scholarships to insurance students at its annual banquet in Conway on Oct. 17. The banquet was held on the campus of the University of Central Arkansas. The 2024 …

Posted: Oct 18, 2024

Farm Labor Contractor to Pay Damages Over Pregnancy Discrimination Charge

Insurance Journal

Family Fresh Harvesting, LLC, a farm labor contractor which provides temporary H-2A visas to agricultural workers at nurseries in Michigan and farms in Georgia, entered into a conciliation agreement with the U.S. Equal Employment Opportunity Commissi...

Posted: Oct 18, 2024

Family of Black Man Killed by Ohio Police Agree to Settlement

Insurance Journal

AKRON, Ohio (AP) — A family is settling a wrongful death lawsuit against Ohio police who fired 94 bullets at a Black man during a chase two years ago. Jayland Walker’s family and the city of Akron reached an agreement …

Posted: Oct 18, 2024

Texas AG Sues Dallas Pediatrician Over Providing Hormone Treatment to Teens

Insurance Journal

Texas Attorney General Ken Paxton has filed a lawsuit against a Dallas pediatrician, accusing her of violating state law by providing gender-transitioning treatments to at least 21 teenage patients. Thursday’s filing is Paxton’s first att...

Posted: Oct 18, 2024

AM Best revises Greenlight Capital Re outlook to positive

Reinsurance News

Global ratings agency AM Best has revised the outlooks for Greenlight Capital Re (GLRE), Ltd. and its subsidiaries from stable to positive, while affirming GLRE’s Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-.” The outlooks for both Gree...

Posted: Oct 18, 2024

Asheville’s Dirty Water Warns of Climate Risk to Aging US Infrastructure

Insurance Journal

Hurricanes Helene and Milton devastated swaths of the southeastern US by bringing too much water. Now, communities are struggling with the opposite problem: too little of it. The North Fork Water Treatment Plant supplies most of the drinking water to...

Posted: Oct 18, 2024

Florida OIR Extends Order, Barring Policy Cancels or Nonrenews Until Dec. 10

Insurance Journal

Florida’s insurance commissioner this week issued emergency orders, extending some policyholder cancellation protections in the wake of Hurricanes Helene and Milton. The orders, seen here and here, are in line with similar actions taken after h...

Posted: Oct 18, 2024

DGTAL becomes first insurance-focused AI firm to adopt AI Agents

Reinsurance News

DGTAL, a provider of generative AI (GenAI) solutions designed specifically for the insurance sector, has become the first insurance-focused AI company to use AI Agents as a core element of its technology platform, marking the company’s most...

Posted: Oct 18, 2024

Nicolas Papadopoulo to Assume Role of CEO for Arch Capital Group Ltd.

Risk & Insurance

The latest people news in the industry today. The post Nicolas Papadopoulo to Assume Role of CEO for Arch Capital Group Ltd. ap...

Posted: Oct 18, 2024

Nora Hattauer Appointed as Head of Financial Lines at Zurich North America

Risk & Insurance

The latest people news in the industry today. The post Nora Hattauer Appointed as Head of Financial Lines at Zurich North Ame...

Posted: Oct 18, 2024