National Section

Exposure Analysis Checklists in Commercial Lines

For the last 25-plus years, the No. 1 cause of errors and omissions (E&O) claims has been “failure to provide the proper coverage.” In 2013, many E&O carriers reported that this accounted for more than half of their E&O claims. …

Is Ebola Compensable Under Workers’ Compensation?

Two tests must be satisfied before an illness or disease can be considered occupational and thus compensable under workers’ compensation. First, the illness or disease must be “occupational,” meaning that it arose out of the course and scope of employment. …

Business Moves

Risk Strategies, DeWitt Stern, Crow Friedman Risk Strategies Co., an insurance brokerage and risk management firm based in Boston, and DeWitt Stern, a brokerage and risk advisory firm based in New York City, announced their merger. The combined organization will …

Top 30 Private Auto Insurers: SNL

CSAA Insurance Exchange, which sells private auto insurance to AAA members in about 25 states, experienced double-digit year-over-year growth in personal auto business, far outpacing other top writers in the second quarter, a new analysis by SNL Financial shows. SNL …

Big Data: It Isn’t Just for Carriers

This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry …

Lloyd’s Posts First-Half Profits of $2.72 Billion

Lloyd’s reported a profit of £1.67 billion [$2.7218 billion] for the first six months of 2014, marking a 21 percent increase on the corresponding period last year. The announcement said that “while these results show an improvement over the equivalent …

Civil Engineers Hit Lack of National Plan on Flood Mitigation

An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy. The American Society of Civil Engineers released its recommendations late last …

10 Things to Know About Restaurants & Bars

There are more than 990,000 restaurant locations in the United States that account for some $683.4 billion in annual sales. —National Restaurant Association The leading cause of fire ignition for restaurants is deep fryers, ranges and other cooking equipment. Electrical …

Insurance Journal Upgrades Magazine App

Insurance Journal Magazine has updated its magazine news app for smartphones and tablets. The e-news app, which was originally launched in 2009, now offers users the ability to share and stream with others, plus improved video performance for tablets, and …

Coverage Options, Capacity Increase for Extreme Sports, Entertainment Risks Despite Exposures

Recent headline-making entertainment incidents – such as the death of actor Paul Walker during filming of the movie “Fast & Furious 7,” the collapse of the stage during country music band Sugarland’s concert, and several big event cancellations – have …

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