Yearly Archives: <span>2018</span>

Insurance Is Doing It Right

America’s largest workforce is also one of the most misunderstood. Labelled the “job-hopping” generation, millennials are sometimes cited for a low work ethic or high turnover rates. More generally, recruiting on behalf of any organization is a challenge, and can …

Declarations

Electric Evidence “They did it because they’re faced with insurmountable evidence that it’s their responsibility.” — Robert Curtis, an attorney representing 450 victims of a fire that tore through California’s central coast last year and resulted in mudslides, said he …

The Next Generation: Students Speak Out on Technology Issues

It’s no secret that the workforce in the insurance industry is aging and 400,000 positions are projected to open up in the next two years. Insurers and agents alike have debated how best to attract the next generation, so I …

The Rise of Risktech: How Startups Are Saving Lives and Property in Construction

Construction has a major problem: every year, construction sites suffer $11 billion in losses due to damage from fire and water, worker accidents, and theft. In addition, a fifth of all worker deaths in the U.S. – nearly 1,000 in …

Markets

Fire Protection Contractors Market Detail: McNeil & Co.’s FireWatch Program (www.mcneilandcompany.com) is a comprehensive insurance and risk management program. The program offers specialty insurance products to the complete fire protection market including firms that engage in the sales, service, and …

Showcasing Relationships

James DiLoreto, 36, is no stranger to the insurance industry. Like many of his peers, DiLoreto, senior vice president, RT Specialty, specializing in professional liability, comes from a family of insurance professionals – his father, his grandfather and his uncle …

Holiday Party Canceled

The economy is booming but that isn’t spurring a rise in holiday parties this year. This may be the result of the #MeToo movement, which has highlighted sexual harassment and assault in the workplace, according to a survey released by …

Preparing to Sell the Agency

There seems to be an insatiable frenzy of agency acquisitions for many years now, with private equity firms and publicly traded brokers taking the lion’s share. These well-funded buyers are paying a premium well over what a local peer independent …

Senior Living Market Under Pressure

The senior living and long-term care market is under pressure. Prices in this market continue to harden, ranging from +5 percent to +30 percent, due in part to rising frequency and severity of claims. That trend is leading some carriers …

The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios

Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims activity. The opportunities for business from new technologies such as autonomous machines, artificial intelligence, smart factories and digitalized supply chains …