Articles by Stephanie K. Jones

Hurricane Katrina: The Numbers Tell Their Own Story

In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state insurance department. But …

Lawsuit Relief Needed for TWIA Depopulation Plan to Work: Lawmakers

A new law that becomes effective Sept. 1 in Texas will give the state’s property insurer of last resort for wind and hail along the coast more leeway in a plan to reduce its overall exposure by incenting private insurers to …

Progressive Insurance CEO on 5 Macro Trends of Note

By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …

Father and Son: Timing Is Critical in Internal Agency Perpetuation

Timing is everything. That statement could apply to many things in life but when it comes to transferring insurance agency ownership from one family member to another the timeframe is critical, according to a father and son who have executed …

Progressive CEO Renwick’s 5 Macro Trends of Note

By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …

Attorney: Hail Claims ‘Cottage Industry’ Bad News for Texas

The rise of rampant claims litigation against property insurers following hailstorms in Texas has created a “cottage industry” that not only threatens the financial health of the state’s property insurers, it puts insurance consumers at risk as well, says a …

Progressive CEO Renwick’s 5 Macro Trends of Note

By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …

U.S. Appeals Court Sides with Kansas Drivers in FedEx Employee Status Case

In early July, FedEx lost a round in employment practices litigation over whether or not its drivers are employees of the company under Kansas labor statutes. On July 8, the U.S. Court of Appeals for the 7th Circuit agreed with the findings …

U.S. Court Sides with Kansas Drivers in FedEx Employee Status Case

FedEx has lost a round in employment practices litigation over whether or not its drivers are employees of the company under Kansas labor statutes. On July 8, the U.S. Court of Appeals for the 7th Circuit agreed with the findings …

Illinois’ Harper College, Zurich Team Up for Insurance Apprenticeship Program

A Chicago-area community college and a global insurance company are creating what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an industry standard for attracting new talent. Zurich North America and Harper …