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While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executive...
Posted: Nov 04, 2024
While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executive...
Posted: Nov 04, 2024
A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was ripped off, exposing people’s abodes an...
Posted: Nov 04, 2024
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw. According to a Thursday notice published by the U.S. Consumer Product Safety Commission, the metal straw inside the now-r...
Posted: Nov 04, 2024
Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in p...
Posted: Nov 04, 2024
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. …
Posted: Nov 04, 2024
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. …
Posted: Nov 04, 2024
Liberty Mutual Reinsurance (LM Re), the reinsurance arm of Boston headquartered Liberty Mutual Insurance Group, has announced the appointment of Charlotte Belin as a Senior Underwriter within its Agriculture and Parametrics team. Belin, who will b...
Posted: Nov 04, 2024
Arizona residents were able to get recreational cannabis delivered to their homes beginning last Friday, marking a new milestone for a state program that until now had allowed the service only for medical marijuana patients. The Arizona Department of...
Posted: Nov 04, 2024
Owners of mobile and manufactured homes in Maryland’s coastal communities and their insurance agents are having difficulty finding insurance coverage as carriers pull away from the market. The problem is squeezing owners who want to sell their...
Posted: Nov 04, 2024
PepsiCo won the dismissal of New York’s lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic packaging, as the judge criticized the state’s attorney general, Letitia James, for bringing...
Posted: Nov 04, 2024
The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, according to a new report. The...
Posted: Nov 03, 2024
By Andrew Mais, Jon Godfread, Scott White, & Elizabeth (Beth) Kelleher Dwyer Most homeowning Americans consider their home their most valuable asset. This means that the changes happening in the property insurance market o which safeguards this a...
Posted: Nov 03, 2024
The insurance industry has historically been slow to adopt new technologies o often relying on traditional outreach, marketing and client management methods. However, digital transformation has taken hold across the sector in recent years, radically...
Posted: Nov 03, 2024
By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2023 to 2024, according to Insurance Journalis annual Agency E&O survey, which polls buyers of the coverage on pricing and tre...
Posted: Nov 03, 2024
By Andrea Wells Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why. Special Relationships One area that is...
Posted: Nov 03, 2024
By Andrea Wells When it comes to agency errors and omissions liability thereis nothing more important than playing it safe. One proven way is ensuring that everything is documented properly. But because there is always the threat of an E&O …...
Posted: Nov 03, 2024
By Allen Laman A thirtieth birthday marks a key milestone in a personis life. Itis the age when crashing on your friendis couch is no longer an acceptable sleeping arrangement, and when every bend of the back becomes accompanied by …
Posted: Nov 03, 2024
By Jahna Jacobson Scarbrough, Medlin and Associates Inc. has built its success on a foundation of trust. ìI never needed to be pushed or made to work,î said Rod Medlin, Scarbrough, Medlin & Associates Inc. (SMA) CEO. ìMy theory is …
Posted: Nov 03, 2024
By William Rabb The people at Brightway Insurance, based in Ponte Vedra Beach, Florida, near Jacksonville, seem to have taken employee satisfaction and performance to a whole new level. Each employee is asked to make sure, before they leave the ̷...
Posted: Nov 03, 2024
Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding pe...
Posted: Nov 03, 2024
By Jahna Jacobson At The Bulow Group, work-life balance is a core value that benefits employees on both sides. ìWe are super flexible as an agency,î said one Bulow Group employee who nominated their agency as one of the best …
Posted: Nov 03, 2024
Last month we discussed the three components of owner compensation that we recommend. These include the management piece, production component and how to split up the profits all based on the performance of each owner. This month is an example …...
Posted: Nov 03, 2024
Doesnit it seem like every week thereis a new article, hashtag, or viral video about workplace trends? It can be confusing to keep them all straight. Here are the trends that seem to generate the most interest and engagement from …
Posted: Nov 03, 2024
By Don Jergler Itis a family affair at Heritage Insurance Agency o and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly, principal …
Posted: Nov 03, 2024
A man banned for life from the California workersi compensation system after being twice convicted of fraud was charged with billing nearly $100 million as part of an extensive workersi comp fraud scheme. David Fish was charged along with a …
Posted: Nov 03, 2024
By Josh Funk People who lived near the disastrous East Palestine derailment last year should still be able to receive personal injury payments even while the bulk of their $600 million class action settlement with Norfolk Southern railroad remains on...
Posted: Nov 03, 2024
By William Rabb Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Floridais chief financial officer has issued an emergency rule barring s...
Posted: Nov 03, 2024
Hurricanes Helene and Milton made it clear that hurricanes, storms and floods can happen anywhere and anytime and are not limited to the coast.
Posted: Nov 03, 2024
Coverage is available for homeowners with dwelling values up to $2.25 million and for commercial insureds up to $2.5 million to incorporate buildings, business personal property and business income.
Posted: Nov 03, 2024
As the builders risk market evolves through a changing economic and physical landscape, agents play a key role in protecting the interests of the insured.
Posted: Nov 03, 2024
Discover how businesses are leveraging generative artificial intelligence (AI) for growth, and the role of insurance agents in ensuring secure and compliant implementation.
Posted: Nov 03, 2024
Closing of the transaction is subject to customary conditions.
Posted: Nov 03, 2024
Net underwriting earnings across Berkshire Hathaway’s insurance and reinsurance operations declined to $750 million in the third quarter of 2024, as the strong performance at GEICO more than offset underwriting losses at both the firm’...
Posted: Nov 02, 2024
When a workers’ comp claim lands in court, more risk managers are looking at data-based decision-making tools to ensure positive results. The post
Posted: Nov 02, 2024
According to Clearsurance.com, the cheapest Florida car insurance company available to the general public is Geico, which is as low as $30 monthly for minimum coverage.
Posted: Nov 01, 2024
How can the industry avoid past tech missteps and harness AI to create more intuitive, compassionate, and genuinely humane experiences? Download our full report to learn more.
Posted: Nov 01, 2024
Lazarus AI currently has customers in the healthcare, banking and insurance industries.
Posted: Nov 01, 2024
Study: Patient Safety Measures...
Posted: Nov 01, 2024
With several standards and regulations at play, manufacturers should be turning to their risk partners to meet compliance needs. The post
Posted: Nov 01, 2024
Posted: Nov 01, 2024
No More Tickets Now That Jaywalking is Legal in NYC Jaywalking — that time-honored practice of crossing...
Posted: Nov 01, 2024
Jury Asked to Award More Than $6B in Preterm Baby Formula Case A lawyer f...
Posted: Nov 01, 2024
International specialty insurance firm Ryan Specialty Holdings, Inc. has reported revenue growth of 20.5% year-over-year to $604.7 million in the third quarter of 2024, compared to $501.9 million in the prior-year period, while net income spiked 8...
Posted: Nov 01, 2024
Jack Stinnett got life-changing news in 2020 when he learned the lump that appeared on the side of his neck was tongue and mouth cancer. He and his wife Karen quickly enrolled him at MD Anderson Cancer Center in Houston, …
Posted: Nov 01, 2024
Jack Stinnett got life-changing news in 2020 when he learned the lump that appeared on the side of his neck was tongue and mouth cancer. He and his wife Karen quickly enrolled him at MD Anderson Cancer Center in Houston, …
Posted: Nov 01, 2024
Big data centers in Ohio will have to pay a minimum of 85% of the energy they need to cover the costs of grid improvements under a settlement submitted Wednesday by one of the state’s largest utilities. The pact was …
Posted: Nov 01, 2024
A federal judge has dismissed a civil rights lawsuit against a white Minnesota state trooper who shot and killed a Black man during a traffic stop last year, ruling that the trooper’s actions did not violate the law. On Wednesday, …
Posted: Nov 01, 2024