Monthly Archives: <span>October 2021</span>

Why Post-Brexit Britain Is Economically Isolated, Vulnerable and Running on Fumes

Lines of cars snake from gasoline stations. Fights break out among angry motorists trying to get fuel. Grocery staples are out of stock on store shelves. A charity warns that doubling heating bills will force a million households to rely …

Florida Policies in Limbo Over Proposed Insolvency Surcharge

The Florida Insurance Guaranty Association is urging insurers to hold off on sending homeowners’ policy renewals until state regulators decide if they will approve a surcharge on premiums to help cover more than $168 million in claims left from two …

Why Some Hospital Workers Choose Dismissal Over COVID Vaccine

Jennifer Bridges loved her job as a nurse at Houston Methodist Hospital, where she worked for eight years, but she chose to get fired rather than inoculated against COVID-19, believing that the vaccine was more of a threat than the …

White House Plans 30-Country Meeting to Combat Ransomware and Cyber Crime

Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session hosted by the White House …

Allstate Completes Sale of Life Insurance Company of New York

The Allstate Corp. moved closer to its complete exit from the life insurance and annuity business with the closing of the sale of its Allstate Life Insurance Company of New York to Wilton Re for approximately $400 million. The ALNY …

Beyond the Headlines: Workplace Violence and Workers’ Compensation Claims

Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy. When workers’ compensation and workplace violence intersect, …

Workers’ Compensation Premiums Flat for First Six Months of 2021

A comparison of workers’ compensation direct premium written indicated an overall decrease of approximately 0.3% for the first six months of 2021 compared to the first six months of 2020. Fifteen of the Top 25 carriers by dollar volume of …

Culture Is Rooted in Reasons for Employee Satisfaction

The phrase “building a culture” in a workplace has been tossed out so often when the topic of making a company a great place at which to work that it has become cliche. But in the case of The Leavitt …

U.S. Surplus Lines Industry Grew Premium 17.5% in 2020

The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, the largest year-over-year premium increase since 2003, according to an AM Best report. The 2020 increase in direct premium written comes on the heels of 11.2% growth …

3 Keys for Recruiting Quality Insurance Producers

Many agency owners want to hire new producers, and the good news is that there’s a flood of candidates right now looking for jobs. It seems like it’d be a win-win, but the bad news is that most agency owners …