All Posts

Most Common Questions of Workers’ Comp Claimants Show Where Change Is Needed

Risk & Insurance

Hi Marley's analysis of common questions in workers' comp claims finds opportunities for improved efficiency and communication to drive better outcomes The post

Posted: Mar 31, 2024

The National Comp 2024 Conference

Risk & Insurance

The 2024 National Comp Conference will be held October 15th-17th at Mandalay Bay in Las Vegas. Registration is now open. The post The National Comp 202...

Posted: Mar 30, 2024

Rising Hail Damage Costs Are Rattling the Solar Industry — Luckily, Parametric Solutions Are on the...

Risk & Insurance

The solar panels rapidly being deployed across the country are vulnerable to damage from hail and costly to replace, limiting their risk transfer options. Parametric insurance injects some much-needed flexibility. The post

Posted: Mar 29, 2024

Manpreet Gill Joins Lockton’s Technology Specialty in San Francisco

Risk & Insurance

The latest hiring announcement in the commercial insurance space. The post Manpreet Gill Joins Lockton’s Techno...

Posted: Mar 29, 2024

Jim Williamson to Lead Reinsurance and Insurance Businesses at Everest Group Ltd.

Risk & Insurance

The latest hiring announcement in the commercial insurance space The post Jim Williamson to Lead Reinsur...

Posted: Mar 29, 2024

Neil Cole Appointed as Global Chief Underwriting Officer, Marine at AXA XL

Risk & Insurance

The latest hiring announcement in the commercial insurance space today. The post Neil Cole Appointed as Global...

Posted: Mar 29, 2024

April Files Joins Alliant Insurance Services as Senior Vice President

Risk & Insurance

The latest hiring announcement in the commercial insurance space today. The post April Files Joins Alliant Insurance Services as Senior Vice President appeared first on...

Posted: Mar 29, 2024

Insurance Industry Readies for Historic Losses From Baltimore Bridge Tragedy

Insurance Journal

It’s very early in the recovery process and already the numbers are large. Insured losses for the tragic collapse of the Francis Scott Key Bridge in Baltimore could be as much as $2 billion to $4 billion, according to Morningstar. …

Posted: Mar 29, 2024

Affinity Federal Credit Union partners with Insuritas

coverager

The insurance agency will be owned by the credit union.

Posted: Mar 29, 2024

Axis Insurance backs BeniPlus

coverager

The capital will enable BeniPlus to accelerate its growth plans.

Posted: Mar 29, 2024

Amwins Program Underwriters announces new Home Health Care HNOA program

coverager

This specialized HNOA program is designed to tackle the distinct hurdles faced by providers when delivering vital services to patients in their homes.

Posted: Mar 29, 2024

Arch introduces Participant Accident Coverage

coverager

Participant Accident coverage is now available for child education centers.

Posted: Mar 29, 2024

Baltimore Bridge Collapse to Cause Logistics Headaches, Not Supply Chain Crisis

Insurance Journal

The catastrophic bridge collapse that closed the Port of Baltimore to ship traffic on Tuesday is causing some logistics headaches, but is unlikely to trigger a major new U.S. supply chain crisis as competing East Coast ports are poised to …

Posted: Mar 29, 2024

States with the highest percentage of uninsured homeowners

NU Property & Casualty 360

Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.

Posted: Mar 28, 2024

Insurer wants out of duty to defend school sexual abuse suit

NU Property & Casualty 360

The suit against the Leonia School Board was filed in November 2021, though the plaintiff says the alleged sexual abuse happened in 1980.

Posted: Mar 28, 2024

How a mechanical engineer built a successful insurance career

NU Property & Casualty 360

This executive's career path illustrates what is possible when insurers purposefully recruit talent from outside the industry.

Posted: Mar 28, 2024

Dais Technology Launches Customer Experience Layer

IIR

This new feature within the no-code InsurTech platform lets insurers deliver highly customized customer journeys without the need for extensive IT resources.

Posted: Mar 28, 2024

State Farm General Insurance downgraded by AM Best

NU Property & Casualty 360

This news comes on the heels of State Farm pulling back further from the California market.

Posted: Mar 28, 2024

AI agents may improve underwriting process, close talent gaps

NU Property & Casualty 360

Underwriters train AI agents to think like them, teaching the software to perform menial tasks, then larger projects. AI can streamline processes and close talent gaps.

Posted: Mar 28, 2024

New York Life names Todd Taylor Head of Life Insurance Solutions

IIR

Matt Wion succeeds Taylor as Head of Retail Annuities; both will continue to report to Dylan Huang, SVP and Head of Product Solutions.

Posted: Mar 28, 2024

People on the move in the P&C insurance industry: March 29, 2024

NU Property & Casualty 360

The latest insurance industry personnel news from Accredited, BMS, CRC Group and more.

Posted: Mar 28, 2024

Can a Dissolved Business Still Insure Vehicles on a BAP?

IA Magazine

The insured does not want to cancel the BAP nor transfer the vehicles to his personal name and personal auto policy. Could the carrier deny coverage if a claim occurred?

Posted: Mar 28, 2024

Making a difference: March 29, 2024

NU Property & Casualty 360

Philanthropic insurance news from Kansas Insurance.

Posted: Mar 28, 2024

How to Manage Compliance at Scale and Capture a Competitive Advantage

NU Property & Casualty 360

As climate risks evolve, competition intensifies, and the agent population ages, carriers reconsider compliance infrastructure.

Posted: Mar 28, 2024

Empathy Driving Excellence: Jess Keeney, CPTO, Duck Creek

IIR

Jess Keeney’s previous career in law drove home the importance of continuous learning, critical thinking, and the need to understand the customer’s needs.

Posted: Mar 28, 2024

AM Best Downgrades State Farm General Ratings

Carrier Management

AM Best Downgrades State Farm General Ratings Roughly a week after State Farm announced tha...

Posted: Mar 28, 2024

AI Gun Detection InsurTech ZeroEyes Selected for Lloyd’s Lab

Carrier Management

AI Gun Detection InsurTech ZeroEyes Selected for Lloyd’s Lab ZeroEyes,...

Posted: Mar 28, 2024

Tech Bytes: New Partnerships at bolt, Resilience, UVeye

Carrier Management

Tech Bytes: New Partnerships at bolt, Resilience, UVeye InsurTech bolt anno...

Posted: Mar 28, 2024

Constructive Accountability Enables Individual, Agency Success

Rough Notes

Providing context and feedback is critical [Real-time feedback] facilitates learning and enables one to improve and adjust one’s performance in the moment, rather than having to address problems after the fact. By Kari Glennon Personally and professi...

Posted: Mar 28, 2024

Walking The Tightrope Between Growth and Retention

Rough Notes

Is there such a thing as too high a level of growth and retention? It is important to define acceptable levels of growth and retention … . Metrics matter; be sure to define your goals, and how each staff member will contribute. By Cheryl Koch, CPCU,...

Posted: Mar 28, 2024

2024 SOCIAL MEDIA GUIDE for Agents and Brokers

Rough Notes

Creating a profile and posting a few times per week is no longer enough By Jacklyn Lavoie Social media is a great way for independent insurance agents and brokers to connect with people and generate new business leads. Perhaps it should come as no su...

Posted: Mar 28, 2024

THE DATA-DRIVEN SAFETY PROGRAM

Rough Notes

MākuSafe has taken safety programs out of reactionary mode and into proactive, data-rich prevention and planning “If you and I are on a jobsite, … what we’ve experienced, even though we were just ten feet apart from each other, is completely unique f...

Posted: Mar 28, 2024

PROMOTING TOP SALES PRODUCERS TO MANAGERS

Rough Notes

Is it a great idea or a pitfall?  While promoting the top producer to a leadership position might seem obvious, it is essential to consider the broader skills required for successful management. By Carolyn Smith, APR, TRA In many agencies, a common p...

Posted: Mar 28, 2024

NAVIGATING RISKY WATERS

Rough Notes

Strategies to safeguard a business from submerged threats  [T]he key to success is not just weathering the storm but avoiding it altogether. By Randy Boss, CRM, MWCA, SHRM-SCP A business managing risks can be compared to navigating treacherous waters...

Posted: Mar 28, 2024

MAKING BETTER HIRING DECISIONS

Rough Notes

Get below the surface and find people’s real potential  A landmark study of 20,000 new hires conducted by Leadership IQ revealed that 46% of newly hired employees fail within 18 months, while only 19% will achieve unequivocal success. By Kimberly Pat...

Posted: Mar 28, 2024

THINKING ABOUT LIABILITY

Rough Notes

Skilled insurance producers and risk managers need to understand the different factors when educating their clients Armed with the facts … skilled adjusters and attorneys look at their position in the liability claim and ask themselves a sobering que...

Posted: Mar 28, 2024

A leader in disguise

Rough Notes

WHEN LEADERSHIP ISN’T IN YOUR JOB DESCRIPTION Shifting your mindset from one of an individual contributor to one of a leader is an important one … but you don’t have to wait for the title to start making this shift. By Meg McKeen, CIC Feeling both ea...

Posted: Mar 28, 2024

Insured prevails in coverage dispute

Rough Notes

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Insured prevails in coverage dispute This dispute arose out of environmental cleanup and remediation work at two Superfund sites in Bronson, Michigan. The affec...

Posted: Mar 28, 2024

Injured motorist prevails

Rough Notes

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Injured motorist prevails Brian M. Wood was driving through an intersection in Auburn, Alabama, when his vehicle was T-boned by a vehicle being driven by Mark S...

Posted: Mar 28, 2024

DEFINING SUCCESS

Rough Notes

“We firmly believe that an educated customer is in a better position to evaluate the services we provide … . They have learned to trust us.” —Elisha Cavanaugh Founder and President Sound Pacific Insurance Self-professed insurance nerd creates agency...

Posted: Mar 28, 2024

THE STATE OF PROGRAM BUSINESS

Rough Notes

Amid challenges, administrators strive to innovate, adapt, and find new ways to meet evolving client and partner needs By Elisabeth Boone, CPCU Data show that 2022 was a banner year for program administrators. According to the Target Markets Program...

Posted: Mar 28, 2024