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Family Settles with Officer Whose K9 Killed an Alabama Man in 2018

Insurance Journal

MONTGOMERY, Ala. (AP) — The family of a man killed by a police dog in Montgomery, Alabama, has agreed to settle its federal lawsuit against the police officer who handled the animal, but their lawyers said Friday that they plan …

Posted: Aug 19, 2024

South Florida Man Charged with Unlicensed Public Adjusting in 2022

Insurance Journal

Investigators with Florida’s Department of Financial Services last week charged a south Florida man with acting as a public adjuster without a license and defrauding policyholders of more than $34,000. It’s the second time in 14 months Gi...

Posted: Aug 19, 2024

People Moves: The Liberty Company Names Gaston Managing Director, Entertainment and Johnson Vice Pre...

Insurance Journal

The Liberty Company named Erin Gaston managing director, entertainment and Alex Johnson vice president and producer. Gaston, who is based in California, previously served as managing director at Momentous Insurance Brokerage, a Marsh & McLennan A...

Posted: Aug 19, 2024

New York City Subway Workers at Risk, Federal Agency Warns

Insurance Journal

The agency that runs New York City’s subway system is putting track workers at risk by failing to follow its own safety rules, federal authorities said in an audit issued this week. The Federal Transit Administration said in a special …

Posted: Aug 19, 2024

Maine Can Forbid Discrimination by Religious Schools Taking State Money

Insurance Journal

Maine didn’t violate the U.S. constitutional rights of religious schools by requiring them to abide by the state’s antidiscrimination law to receive taxpayer-funded tuition assistance, a federal judge ruled. But the judge also acknowledge...

Posted: Aug 19, 2024

Bankrupt Steward Health Care Sells Physician Network as Massachusetts Hospital Seized

Insurance Journal

Bankrupt hospital operator Steward Health Care received a bankruptcy judge’s approval on Friday to sell its nationwide physician network to a private equity buyer while its stalled efforts to sell Massachusetts hospitals caused the state to ste...

Posted: Aug 19, 2024

Harvard Suit Blaming Marsh for Its $15M Insurance Denial Filed Too Late, Judge Rules

Insurance Journal

After losing two bids to recover $15 million from its insurer for costs related to its failed legal defense of its admissions policy, Harvard University has now failed in a bid to hold its insurance broker Marsh responsible. A federal …

Posted: Aug 19, 2024

Harvard Contract Breach Claims Blaming Marsh for Its $15M Insurance Denial Filed Too Late, Judge Rul...

Insurance Journal

After losing two bids to recover $15 million from its insurer for costs related to its failed legal defense of its admissions policy, Harvard University has now failed in a bid to hold its insurance broker Marsh responsible for breach …

Posted: Aug 19, 2024

Previsico survey finds most businesses lack a flood action plan

Reinsurance News

In the face of the escalating threat of climate change, a recent survey by Previsico, a company specialising in real-time flood forecasting and water management, reveals that 54% of organisations in both the public and private sectors do not have...

Posted: Aug 19, 2024

What Does This Fee Cover? Unpacking What Goes Into TPA Administrative Costs and Fees

Risk & Insurance

Insureds want fee transparency. The right TPA partner will communicate effectively, demonstrate where there are savings and work to build tailored solutions. The post

Posted: Aug 18, 2024

Cyber Security and Risk Mitigation

Insurance Journal

Security leaders should be exercising every available option to upgrade their security posture, and cyber insurance policies could make or break the resiliency for many organizations across nearly all industries — K-12 education, retail, health...

Posted: Aug 18, 2024

3 Things to Know About the Nonprofit Insurance Market

Insurance Journal

By Allen Laman A challenging legal arena, a continuing talent shortage and alternatives to traditional insurance products are three areas impacting nonprofits today, according to industry reports that recently shed light on headwinds yielding a cloud...

Posted: Aug 18, 2024

Sales Culture Versus Business Culture

Insurance Journal

Can an agency built by a true salesperson transform into a firm with a business culture? Not with a salesperson still at the helm. Here’s some pop psychology based on knowing a thousand executives who began as salespeople. A salesperson …

Posted: Aug 18, 2024

10 Ideas to Keep Recruiting Activity High When Hiring Slows Down

Insurance Journal

The best time to recruit is when you don’t have job openings. That motto reminds me to constantly work ahead, focusing on building pipelines and connecting with passive candidates. The hard part is making the switch from open jobs dictating &#8...

Posted: Aug 18, 2024

Houses of Worship and the State of Insurance

Insurance Journal

By Patrick Wraight A recent Insurance Journal article decried the state of insurance for churches and it’s mostly about their property insurance issues and we all know that the property insurance space has struggled in recent years, especially...

Posted: Aug 18, 2024

What Are ‘Weasel Words’ and What Is ‘Tergiversation’?

Insurance Journal

In the 1990s, I co-wrote a seminar with the late, great John Eubank, CPCU, ARM called “How to Battle an Adjuster … and Win Every Time!” Later, I changed the name to “How to Win Friends and Influence Adjusters,” but &#823...

Posted: Aug 18, 2024

Agents Say Outlook Positive: Survey

Insurance Journal

Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions this year than they did last...

Posted: Aug 18, 2024

101 Ideas for Sales, Marketing & Agency Management

Insurance Journal

How to Reach Out 1. Content Marketing. Use content marketing to stand out as an industry thought leader. Create informative and engaging content, such as blog posts, whitepapers, and e-books focused on industry trends and insurance tips. — Anit...

Posted: Aug 18, 2024

HNW Market Update: What Went Wrong and How We Are Turning Things Around

Insurance Journal

The year was 2016. New high net worth (HNW) insurance carriers were entering the market. Established underwriting operations had become a consistent source of profits for investors and parent companies. Aging brokerage owners with sizable private cli...

Posted: Aug 18, 2024

The Role of Benchmarking & Competitive Analysis in Insurance Marketing

Insurance Journal

In the insurance industry, standing out is no longer just about having the best products. It involves a meticulous understanding of the market, continuous refinement of internal processes and marketing strategies, and a deep dive into competitors&#82...

Posted: Aug 18, 2024

Why Accuracy Can’t Be Overlooked in Property Valuations

IA Magazine

Accurate property valuations are essential, yet companies often unknowingly underreport the value of their property assets, potentially leaving them underinsured.

Posted: Aug 18, 2024

Burns & Wilcox Announce Cannabis Product Recall Solution

IA Magazine

Insured event triggers include impairment, government recall, malicious product tampering and product extortion.

Posted: Aug 18, 2024

How Agents Are Changing to Capture Younger Life Insurance Customers

IA Magazine

For independent insurance agents, capturing the underserved life insurance market of young consumers and keeping apprised of their needs can open up opportunities.

Posted: Aug 18, 2024

Key Considerations for Medicare Part D in 2025

IA Magazine

Experts answer the most frequently asked questions by brokers about prescription drug plans.

Posted: Aug 18, 2024

Blink Parametric Launches App-Based Travel Assistance Bundle with Gigasure

IIR

Gigasure app offers travelers Blink Flight Disruption and Lost Luggage protection as part of its GigaShield benefits package.

Posted: Aug 18, 2024

How AI Helps With Ag Insurance

Insurance Thought Leadership

How AI Helps With Ag Insurance Commercial Lines ClareCarroll1

Posted: Aug 18, 2024

Which Insurance Model Will Dominate?

Insurance Thought Leadership

Which Insurance Model Will Dominate? Going Digital ClareCarroll1

Posted: Aug 18, 2024

From Furry Insurtechs to Industry Allies

Insurance Thought Leadership

From Furry Insurtechs to Industry Allies Going Digital ClareCarroll1

Posted: Aug 18, 2024

What Does Gen Z Want?

Insurance Thought Leadership

What Does Gen Z Want? Talent Gap ClareCarroll1

Posted: Aug 18, 2024

3 Lessons Learned From Leveraging Gen AI

Insurance Thought Leadership

3 Lessons Learned From Leveraging Gen AI AI & Machine Learning ClareCarroll1 ...

Posted: Aug 18, 2024

iPipeline Appoints Steve Cover as CTO to Advance Technological Vision and Strategy

coverager

Cover brings more than 30 years of knowledge and experience of leading high-performing technology teams, and developing technological solutions that both deliver on and advance business strategy.

Posted: Aug 17, 2024

Nassau Financial Group launches Nassau Bonus Annuity Plus

coverager

Nassau Bonus Annuity Plus is a single premium accumulation-focused fixed indexed annuity that helps increase retirement savings with an up-front premium bonus.

Posted: Aug 17, 2024

One Call’s Michele Haas on Balancing Growth, Value and Patient-Centric Care

Risk & Insurance

Michele Haas of One Call discusses her vision for the company’s financial strategy, fostering a culture of innovation and accountability, and leveraging her extensive experience in health care to improve outcomes for injured workers. The po...

Posted: Aug 16, 2024

Study: Cyber Resilience Overestimation Leads to Business Continuity Issues, Ransom Payments

Carrier Management

Study: Cyber Resilience Overestimation Leads to Business Continuit...

Posted: Aug 16, 2024

Texas Oil Regulator Under Scrutiny as Zombie Wells Gush Back to Life

Carrier Management

Texas Oil Regulator Under Scrutiny as Zombie Wells Gush Back to Life On a...

Posted: Aug 16, 2024

Protected: On-Demand Webinar — Building a Resilient Insurance Portfolio Through Geospatial Data

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: On-Demand Webinar — Building a Resilient In...

Posted: Aug 16, 2024

Chatbots Could Be Using Your Business, Personal Info to Improve its AI

Carrier Management

Chatbots Could Be Using Your Business, Personal Info to Improve its AI Be careful what you tell a chatb...

Posted: Aug 16, 2024

Nick Nudo Joins Aon as Senior Managing Director of Reinsurance

Risk & Insurance

The latest people news in the industry today. The post Nick Nudo Joins Aon as Senior Managing Director of Reinsurance appeared first...

Posted: Aug 16, 2024

Zurich North America Announces Promotions Within U.S. Middle Market Business Unit

Risk & Insurance

The latest people news in the industry today. The post Zurich North America Announces Promotions Within U.S. Middle Mar...

Posted: Aug 16, 2024

Lyndsey Christofer Appointed as Executive Vice President at Chubb

Risk & Insurance

The latest people news in the industry today. The post Lyndsey Christofer Appointed as Executive Vice President at Chubb appeared...

Posted: Aug 16, 2024

People Moves: Skyward Specialty Hires Four Regional VPs and Two Underwriters

Insurance Journal

Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters. Skyward Specialty named Gregg Callahan regional vice president in its northeast region in New England. Callahan spent...

Posted: Aug 16, 2024

People Moves: NI Holdings, Inc. Appoints Launer Interim CEO

Insurance Journal

NI Holdings, Inc., headquartered in Fargo, North Dakota, named Cindy L. Launer as interim CEO. Michael J. Alexander has stepped down from his role as president and CEO and as a board member of the company. Launer has served as …

Posted: Aug 16, 2024

Emerald Bay expands tailored insurance solutions with Mainsail acquisition

Reinsurance News

Collaborative underwriting carrier Emerald Bay Risk Solutions is set to expand its tailored insurance solutions with the acquisition of P&C insurer Mainsail Insurance Company in a private transaction. Mainsail, previously a 100% reinsured subs...

Posted: Aug 16, 2024

Teachers Life introduces SmartLife product lineup and issuance platform

coverager

The SmartLife product lineup and instant issuance solution provides distribution partners with a suite of simplified renewable and non-renewable term life coverage offered in 10, 15, 20, 25, and 100-year terms with up to $1M in coverage.

Posted: Aug 16, 2024