Articles by Stephanie K. Jones

Grinnell Mutual Grows from Complacent to Dynamic

A mutual insurer created more than 100 years ago to reinsure farm mutual insurance companies in Iowa has grown faster in the past five years than it did during the previous 10 decades, its president and CEO says. Organized in …

Texas Governor Deems Hailstorm Litigation ‘Lawsuit Abuse’

In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against insurers following hailstorms “the newest form of …

Southeast Louisiana Hit by Severe Storms, Tornadoes

The National Weather Service confirmed that an EF3 tornado on the enhanced Fujita scale, with winds between 136 mph and 165 mph, touched down in East New Orleans on Feb. 7. The twister was reported to have caused widespread damage …

Texas Supreme Court Sides with Policyholder in Ike-Damaged Property Case

When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …

Good and Bad of Private Equity Investment in Insurance Agencies

It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …

Texas High Court Sides with Policyholder in Ike-Damaged Property Case

When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …

Tornadoes Across Southeast Louisiana Cause Widespread Damage

The National Weather Service confirmed that an EF3 tornado touched down in East New Orleans on Feb. 7. The twister was reported to have caused widespread damage and forced around 100 people from their homes. NOLA.com reports that roofs were …

Is Private Equity Investment in Insurance Agencies Always a Good Thing?

It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …

Texas Governor Calls for Legislation to Rein in Hailstorm Litigation

In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against insurers following hailstorms “the newest form of …

Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement

A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely has found hockey pucks …