National Section

Insurers Respond to Rising Claims Abuse

Whenever severe weather strikes and there is property damage, insurers are among the first responders to help throughout the recovery process. However, in too many cases, some shady contractors, public adjusters and lawyers seeking to prey on the misfortune of …

Risks Multiply When Recreation Turns to Adventure

Vacationers and tourists are no longer content to sit and relax; they want adventure. The global adventure tourism market is forecast to grow by as much as 46 percent by 2020, according to the Global Adventure Tourism Market 2016-2020 report …

Congratulations Top Agencies

This year marks the 13th annual publication of Insurance Journal’s Top 100 Agencies special report. This year’s Top 100 welcomes eight newcomers and returning agencies: Poms & Associates; Ascension Insurance Inc.; Shepherd Insurance; Baldwin Risk Partners; JGS Insurance; HomeServices Insurance; …

New Wholesale & Specialty Association Is Born

Members of the American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) have approved a merger of the two associations, creating the new Wholesale & Specialty Insurance Association (WSIA). According to the …

Insurtech Funding Jumps to $1B: Willis Towers Watson/CB Insights Report

Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson and CB …

How to Catch Commercial Auto Use Fraud

Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who really …

Exclusive Report: Top 100 Independent/Casualty Agencies

About This Report: Welcome to the 13th annual Insurance Journal Top 100 Independent P/C Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2016 and comprises only those agencies whose business is primarily retail, not …

Declarations

Egregious Fallony “The Fallons’ alleged theft from injured workers is particularly egregious. By stealing from injured workers who depend on the funds for future care, the Fallons may have left many victims without the resources they need for medical treatment.” …

‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers

Insurance is a very simple business. “You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day,” according to Anthony (Tony) Markel, vice chairman …

Top 25: P/C Direct Premium Written Up 4.8 Percent

Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, approximately $606 billion of DPW was reported, a record high for the industry. For 2016, total DPW for all P/C insurers aggregately increased 4 …

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