Articles by Andrew G. Simpson

ACA Does Not Hurt Medical Care Access for Workers’ Comp Claimants: Study

New research has found that while the Patient Protection and Affordable Care Act (ACA) has dramatically increased the number of people who are medically insured, it has not hurt access to medical care for workers’ compensation claimants, which was a …

Insurers Praise House Approval of Systemic Risk Reform Bill

The House of Representatives took a step toward changing the Dodd-Frank financial regulation law by passing a measure that requires that a systemic risk designation be based on more than a financial institution’s size. The House vote was heralded by …

Why Auto Insurance Claimants Hire Attorneys

In a recent online poll, almost half of respondents with auto injury claims hired attorneys to help settle those claims. But most who hired attorneys were not upset with how their claim was being handled, according to the insurance industry’s …

NFL Players with CTE Sue to Force Teams to Pay Workers’ Compensation Benefits

A group of 38 former National Football League players have sued to force the NFL to pay them workers’ compensation benefits for the chronic traumatic encephalopathy (CTE) they say they developed as a result of head injuries they suffered while …

Allstate to Pay $1.4 Billion for SquareTrade, Seller of Warranties for Mobile Devices, Appliances

The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America’s major retailers. Allstate said it will acquire the privately-held company for approximately $1.4 billion from a group of shareholders, …

Affordable Care Act Does Not Crowd Out Workers’ Compensation Claimants: NCCI Research

New industry research has found that while the Patient Protection and Affordable Care Act (ACA) has dramatically increased the number of people who are medically insured, it has not hurt access to medical care for workers’ compensation claimants, which had …

Federal Judge Upholds Airbnb Arbitration Clause in Racial Bias Case

A man who claims that the online lodging site Airbnb violated his civil rights must take his complaint to arbitration with Airbnb and cannot sue the online service, a federal judge has ruled. In a Nov. 1 ruling, Judge Christopher …

Progressive’s Barbagallo Elected Chair of PCI

The Property Casualty Insurers Association of America (PCI) elected new officers to its board of governors this week during the association’s annual meeting. John Barbagallo, commercial lines group president, Progressive Insurance Group, was elected PCI’s chair; Kurt Bock, CEO, Country …

The Insurance Industry of Tomorrow

There was a great turnout for the future of the insurance industry early this month in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs, investors and insurance executives from around …

Could Allstate’s ‘5 Minute’ Small Business Policy Transform Commercial Lines Sales?

At a time when technology startups are also targeting the small commercial insurance market, giant Allstate has debuted a hi-tech business insurance quoting platform that it says makes it possible for  small business owners to buy a policy in about …