Features

Bill Would Clarify South Dakota’s Workers’ Comp Law

A bill introduced in the South Dakota House would clarify state law on when part-time employees injured on the job should also receive workers’ compensation benefits for their other part-time positions. The proposed legislation stems from a 2015 state Supreme …

Brands & Independent Insurance Agencies

Much has been discussed and considerable investments have been made specific to branding within the independent insurance agency market over the past five to 10 years. Intense pressure to “brand” exists because of the $6 billion in advertising spent by …

Attracting, Developing Talent Has Long Been a Focus for Westfield Group

It’s anticipated that by 2020 there will be hundreds of thousands of unfilled positions in the insurance industry and that some 25 percent of those currently working in the sector will retire within the next three years. The looming talent …

From ACE to XL, 2015 Was a Year of Major Insurance Carrier M&As

Signs that 2015 would be an active year for property/casualty mergers and acquisitions (M&A) were apparent in late 2014. As 2014 closed, there was a rush of M&A activity. The deals that closed out 2014 included: Fosun International buying Meadowbrook …

Utah Man Nabbed after Staging 23 Auto Accidents over 5 Years

Utah-man Navid Monjazeb faces 22 counts of insurance fraud, reckless endangerment, and other crimes spanning five years and at least 23 known accidents – with the same three vehicles. Charges resulting from a months-long investigation conducted by Utah’s Insurance Fraud …

Then and Now in the Nonprofit Market

The nonprofit sector is not what it used to be. This critical sector represents more than 1.5 million organizations and accounts for almost 10 percent of all salaries and wages paid in the United States. And it’s growing. When Pamela …

California Insurance Commissioner Calls for Insurance Divestment from Coal

California Insurance Commissioner Dave Jones in January asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal as part of a nationwide call to reduce carbon emissions to do battle with climate change. …

Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters

It was a relatively quiet year for natural disasters – except for those living in the Western United States, according to property data provider CoreLogic, in its annual Natural Hazard Risk Summary and Analysis, released in late January. The report …

Hoverboard Bursts into Flames in California Home

A hoverboard burst into flames in a Petaluma, Calif. home in late-January, making it the second hoverboard fire in the area in one week. The hoverboard was plugged into an electrical outlet to charge when the fire started. Petaluma Fire …

North Carolina Explores Drug Formulary Option for Workers’ Comp Claims

In 2015, the North Carolina General Assembly authorized and funded a study regarding prescription drug formularies in workers’ compensation claims brought by state employees. While this statute does not create a formulary, it certainly shows that the General Assembly is …

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