Features

Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years

The “Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years,” can be found at www.ucsusa.org. The study contains profiles on how tidal flooding has already changed in specific …

Idaho Fitness Company Sued by State

Idaho Attorney General Lawrence Wasden has filed a lawsuit against a southwest Idaho fitness company. Wasden contends in the lawsuit filed in Ada County District Court that Body Renew Fitness & Tanning and owner Dakota Routh charged customers for memberships …

Florida’s War On Workers’ Comp Fraud Targets Immigrants

Florida Chief Financial Officer Jeff Atwater touted the arrests of more than 100 immigrant agriculture workers last July as an effort to crack down on the costly problem of workers’ compensation fraud. But the raid on the Naples-area Oakes Farm …

With $100M in Crop Losses USDA Grants Eight Idaho Counties Disaster Status

The U.S. Department of Agriculture has granted disaster area status to eight counties in central and eastern Idaho, clearing the way for farms to receive low-interest loans for operating costs. USDA Secretary Tom Vilsack made the declaration for Bonneville, Jefferson, …

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 …

Latest Colorado Hail Storm May Impact Insurance Industry Nationally

Colorado’s insurance industry is weighing its options after the latest hailstorm hit densely populated South Metro Denver — unusual for the Rockies in late September. What Coloradans might likely see down the road is that hail and wind are no …

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 …

P/C Insurers’ Net Income Rose in First-Half of 2014

U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower gains on both underwriting and investments. Net …

10 Things to Know About Commercial Property

Prices for commercial property insurance fell during the second quarter of 2014, marking the first time in three years that property prices fell, according to a recent Towers Watson survey. The survey showed that over half of commercial property respondents …

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. …

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