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

Commercial Liability Insurers Face Rise in False Claims Act Cases

A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of settlements may spell trouble for commercial liability insurers. Policyholder attorney Geoffrey B. Fehling, with Hunton Andrews Kurth in Washington …

Agents Need E&S Markets Now, More Than Ever

Insurance rates are rising, capacity is shrinking, and carriers are tightening their underwriting requirements. As a result, agents must work harder and harder to find insurance coverage that meets the needs of their clients. To solve these challenges, some agents …

Capacity Shortfall Still Centerstage for Cannabis Sector

There is little surprise when a conversation about cannabis and insurance turns to the subject of capacity. “Really when it comes to cultivation, processing, there is a bit of a hiccup, it seems in the overall market space, I think …

Are Job Boards the Best Way to Find Insurance Talent?

Have you ever heard someone in your company say, “Let’s just cast a wide net to find candidates.” If so, job boards are your net, a bullhorn essentially for everyone on the internet to see. It’s a little bit of …

4 Myths to Cybersecurity: Who’s Vulnerable and How to Fight Back

This column has explored many angles of the cybersecurity issue in the five years I’ve been writing about it, and though many agents are taking their first steps to address it, some myths stubbornly persist. MYTH 1: Cyber Attacks Do …

10 Things to Consider When Buying, Selling or Operating a Reinsurance Intermediary

The global reinsurance landscape is an interconnected, intertwined marketplace that continues to grow and evolve. As insurance companies, agencies, program administrators and other industry actors continue to expand their creative horizons and develop innovative insurance products, the need for reinsurance …

OSHA Program Aims to Protect Employee Exposure to Hazardous Materials

To reduce employee exposure to health hazards and encourage companies to make workplace safety and health a priority, the U.S. Department of Labor Occupational Safety and Health Administration’s regional office in Kansas City has established a Regional Emphasis Program targeting …

Judge Dismisses Lawsuits Over Sex Abuse by Ohio State Doctor

A federal judge has dismissed more of the unsettled lawsuits filed by men who say Ohio State University failed to stop sexual abuse decades ago by now-deceased team doctor Richard Strauss. U.S. District Court Judge Michael Watson’s latest rulings weren’t …

Insurtechs Hope NC Sandbox Will Ease Regulations for Innovations

Until now, it has been practically verboten for insurers in many states to offer policyholders a free fitness tracker, such as a FitBit, or even wearable sniffers for factory workers to help detect toxic gases. The 50-year-old anti-inducement laws were …

Federal Court Continues Stay on OSHA’s COVID Vaccine/Test Mandate on Businesses

A federal court declined Friday to lift its stay on the Biden administration’s vaccine mandate for businesses with 100 or more workers. The New Orleans-based 5th U.S. Circuit Court of Appeals granted an emergency stay last Saturday of the requirement …