Why Manufacturers Cannot Underestimate the Cost of a Recall Event September 21, 2020 By Lucie Dean The latest recall by Nissan of hundreds of thousands of vehicles in North America in June to resolve a latch...
Time to Rethink Your Account Manager Recruiting Strategies September 21, 2020 By Mary Newgard Year after year I have found that insurance agencies spend 60% of their recruiting activity on account management hires. This...
U.S. Commercial Insurance Prices Rose Almost 10% in Q2: WTW September 21, 2020 U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during...
Avoid Claim Pitfalls Related to 1099 Workers September 21, 2020 By Mike Freeman When the construction labor market tightens, employers fill the gap with independent contractors. A quarter (25%) of construction laborers are...
Questions to Ask Before Starting an Independent Agency September 21, 2020 By Tony Caldwell In the most recent Closing Quote in Insurance Journal, I wrote about why I believe this is the best time...
S&P Says Underwriting in Lloyd’s Market Continues to Improve September 7, 2020 The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there...
CDI: 3 Charged with Auto Insurance Fraud, Forgery in California September 7, 2020 Three Californians have been charged with multiple felony counts of insurance fraud and forgery for allegedly filing fraudulent insurance claims...
For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need September 7, 2020 Nearly 60% of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At...
Former Washington State Student Sues School District Over Mass Shooting September 7, 2020 A former student at a high school in Washington state who survived a school shooting is suing the district for...
Declarations September 7, 2020 ‘Canary in the Coal Mine’ “In many ways, Louisiana is the poster child for climate change, we are the canary...