National Section

What to Know About Travelers’ CGL Cyber Ruling

Experts are cautioning insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Buyers would be mistaken to think the ruling means that they do …

New Chief Donnell: Independence, Objectivity in Workers’ Comp Remain NCCI’s Core Values

For more than 90 years the National Council of Compensation Insurance (NCCI) has served the workers’ compensation industry as a provider of data and information. Its mission has been to “help enable a healthy workers’ compensation system,” according to William …

Chubb CEO Greenberg Rolls Out Welcome Mat for High Net Worth Competitors

Estimating that the high-net-worth (HNW) personal lines market has more than $30 billion worth of business up for grabs, and the small commercial lines market, another $80 billion, Chubb Limited CEO Evan Greenberg sees room for competitors. During an earnings …

Furry Friends

Members of your family – specifically those with fur and a bark – are costing the industry mega dollars. Dog bites (and other dog-related injuries) now account for more than one-third of all homeowners liability claim dollars paid out. In …

Business Moves

Alliant, Andre-Romberg Alliant Insurance Services Inc. has acquired Spokane, Wash.-based Andre-Romberg Insurance Agency. Terms of the deal were not disclosed. Andre-Romberg will operate as part of Alliant Americas. Kurtz, along with Andre-Romberg’s entire management team and staff, will join Alliant …

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Bars, Taverns and Restaurants Market Detail: M.J. Hall & Company Inc. writes bars, taverns and restaurants. Bar and tavern insurance covers …

How Does an Agency’s Digital Proficiency Affect Its Value?

We have talked about the many reasons why agents need to add up-to-date digital tools to stay competitive. One possible reason is the financial penalty an agency could pay in diminished value without a truly up-to-date, distinctive website and effective …

Chipotle by Example: Lessons Learned for the Restaurant Industry

The Centers for Disease Control and Prevention (CDC) estimates that one-in-six Americans gets sick every year from contaminated food or beverages. Those in the restaurant industry cannot ignore the risks. The recent chain of events that roiled Chipotle Mexican Grill …

Declarations

Deficient Roads “Forty years of underfunding isn’t going to be reversed in 10 years. … We need to stay on course.” —Oklahoma Department of Transportation’s Terri Angier comments on a recent report showing that 28 percent of Oklahoma roads are …

Captives View Business Interruption as Top Cyber Threat: Aon Global Risk

The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to a new survey of captives. Aon Global Risk Consulting, in its 2016 Captive Cyber Survey report, found that …

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