November 20, 2023
Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake. Most of our evening was spent solemnly observing unspeakable horror and devastation as the events of Sept. 11, 2001, unfolded.” …
November 20, 2023
Employment Practices Liability (EPL) insurance has been available since the late 1980s. But it was not until September 1991 when the world witnessed the Clarence Thomas Supreme Court hearings and Anita Hill’s testimony, that people recognized that sexual harassment was …
November 20, 2023
You are going to sell your interest in your agency at some point. Whether the sale is internal, external, to a family member, employees, or to a large national organization, there are steps you can take in advance to make …
November 20, 2023
Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up of the brokers’ results, listed in descending order by …
November 20, 2023
Ransomware Payments “As long as there is money flowing to ransomware criminals, this is a problem that will continue to grow.” — Anne Neuberger, U.S. deputy national security adviser for cyber and emerging technologies, told reporters after 40 countries in …
November 20, 2023
S&P Global Market Intelligence projects that personal auto results will improve from 2022’s worst-in-decades combined ratio of 112.2%, though not as rapidly as the organization’s experts previously expected. Continued pressure on claim severity across coverages has prolonged post-pandemic recovery for …
November 20, 2023
With a staggering 50% of the current insurance workforce set to retire in less than 10 years, potentially leaving more than 400,000 positions unfilled, nearly every insurance organization is struggling to recruit new talent while retaining their best talent. But …
November 20, 2023
For nearly 30 years, I’ve been writing and consulting with insurance agencies, brokers and networks on the benefits of choosing the most stable carriers — stable from an operational perspective, which enables agencies to achieve greater success, rather than stable …
November 20, 2023
The aftershocks of the COVID-19 pandemic have hit businesses hard, with inflation, supply chain disruptions, and increasing downtime. Just as we saw how ill-prepared our healthcare system was for the global outbreak, so was our economy, and our supply and …
November 20, 2023
National Bermuda-based Aspen Insurance Holdings Ltd. appointed Bobby Bianconi global head of Cyber. Bianconi has been with Aspen since 2016 and brings over 10 years of dedicated underwriting experience, most recently as head of U.S. Cyber. Prior to joining Aspen, …