Features

Miami Insurance Agent Sentenced to 2 Years for Issuing Fake Policies

The Florida Department of Financial Services’ Division of Investigative and Forensic Services (DIFS) announced Mandy Rodriguez, 36, was convicted in July on multiple felonies, including insurance fraud, grand theft, and forgery following his attempt to create fake proof of insurance …

It’s Not How Much You Make…It’s How Much You Save

We need to find many, not one, silver bullets to have people save for a life that is going to be closer to 100 years,” Joseph Coughlin, director of MIT’s AgeLab. That came right out of the USA Today, on …

Delaware Passes Ridesharing Regulations

Delaware Governor Jack Markell has signed legislation that establishes insurance requirements for transportation network companies and their drivers, according to the Property Casualty Insurers Association of America (PCI). Senate Bill 262 aims to protect the public by establishing a solid …

Profile: Kevelighan Takes Over at Insurance Information Institute

In his nearly two decades in government and business, Sean Kevelighan has had his public affairs and communications fitness tested in high-profile situations, most notably working for the Treasury Department and as press secretary for the White House Office of …

A.M. Best Revises Outlook to Negative for New York-Based Lancer Insurance

A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co. The move comes as Lancer Insurance’s underwriting performance declined in the past several years, particularly in 2015, according to A.M. …

The Top 10 Things Sharp Brokers Should Consider When Placing Cyber Liability

The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are becoming more sophisticated. Additionally, the individuals …

Connecticut High Court Rejects Workers’ Injury Suit Against Contractor

Two workers injured in a power plant explosion that killed six other people in 2010 cannot sue a contractor for negligence, the state Connecticut Supreme Court recently ruled. Justices issued a 6-1 decision saying O&G Industries of Torrington is immune …

Is Your Website Accessible for Users with Visual Disabilities?

Employers are getting sued under the Americans with Disabilities Act (ADA) because their websites are not accessible for individuals with visual disabilities. Although the deadline for creating accessibility standards under the ADA has been pushed back to 2018, private businesses …

North Dakota Lawmaker: Where’s the Reserve in Workers’ Comp Opt-Out Plans?

A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying claims in workers’ compensation opt-out plans. During a July 2016 meeting …

Is Education the Key to Unlocking the Next Generation of Talent?

The insurance talent crisis is here. Thanks to an aging workforce, an impending wave of retirements and an increasingly shallow talent pool, the industry is now coming face-to-face with a growing labor gap. The past 10 years have seen the …

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