National Section

The Wedge: CRM or Organic Growth Technology?

Why off-the-shelf CRM technology might not get you what you really want – growth! Imagine this conversation with another agency owner: “Charlie, what are you guys using as a pipeline tool?” “Well Mike, I had my IT guy look into …

Medical Professional Insurance Market in Good Health for Now: A.M. Best

The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term, according to A.M. Best. Stable claims frequency and reserve redundancies should …

U.S. P/C Insurance Industry Keeps Quiet on Trump Exit from Paris Climate Accord

The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the Paris climate change accord. The American Insurance Association (AIA), …

New Markets

Equine Mortality and Major Medical Market Detail: Tower Services Inc. (www.tower-services.com) is an MGA offering property, liability, auto, horse mortality, and excess coverages for a variety of farms. A listing of appetite and markets available through website. Available limits: As …

Growing Number of Municipal Suits Over Opioids Face Uphill Battle

A growing number of U.S. states, counties and cities are filing lawsuits accusing drug companies of deceptively marketing opioid painkillers to downplay their addictiveness. But some lawyers say the industry’s highly regulated nature could pose a hurdle to their success. …

Declarations

Wells Fargo Flap “Instead of allowing victims to have their day in court and permit an independent judge or jury to arrive at a verdict following an open and fair trial, Wells Fargo wrongly pushed customers seeking justice into forced …

California High Court to Address Occurrence Caused by Accident

  The California Supreme Court is set to address the issue of whether there is an “occurrence” under an employer’s commercial general liability policy when an injured third party brings a claim against an employer for the negligent hiring, retentionor …

Tech Targets Construction Risk Management

Water sensors that detect leaks before a lot of damage is done, wearables that track workers’ whereabouts and video cameras that monitor sites — the building industry is gradually adopting these and other technologies to help it improve safety and …

Why the WannaCry Breach Brings Good News

Don’t cry over spilled milk, in fact maybe it will teach you to hold the carton tighter. A lesson well learned. This is why, despite the harsh headlines, the ransomware attack that struck the world in May, WannaCry, makes me …

The Promise of Insurtech

Disruptive technology is poised to shake up our industry. Following tectonic plate shifts in publishing, finance, investing, telecommunications, recorded music, information technology, retail, and even ride hailing services, insurance has been added to the queue. Disruption can be unsettling. While …

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