Articles by Andrew G. Simpson

Simpson is a freelance writer and editor. He retired as Chief Content Officer for Wells Media Group in July, 2022 after 18 years with the company.

Bill Aims to Fix Problems with Medicare Set-Asides for Workers’ Compensation

The insurance industry is among the business and legal interests applauding legislation to resolve delays and inconsistencies in Medicare’s approval process for set-aside funds for injured workers’ claims. Medicare requires that funds be set aside in trust for future medical …

Court Sides with Mississippi Insurance Agent in Restaurant Case

The Mississippi Court of Appeals has upheld a ruling that the owners of a Bay St. Louis restaurant cannot collect more than $300,000 they claimed to be owed by a local insurance agent after their business washed away in Hurricane …

Current Market Not Yet a ‘Classic’ Hard Market: P/C Executives

The current property/casualty market is not a “classic” hard market, yet anyway. While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a traditional hard market are not in place, according to property/casualty brokerage …

Southeast Insurance Employment: Agency, Carrier Plans Brighten Picture

Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key Southeast states …

The Right Way

Recent studies show that as much as 75 percent a company’s value relates to its intangible assets, including its reputation. That’s part of the reason more and more executives are taking ethics seriously. That may be hard to believe given …

160-Year Old Hanover Insurance Group Retaking Its Place as P/C Industry Leader

(A full version of this article, as well as exclusive podcasts featuring Hanover CEO Frederick Eppinger, is available on InsuranceJournal.com) Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded …

160-Year Old Hanover Retaking Its Place as P/C Industry Leader

Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 …

Cap on Subsidy of Crop Insurance Premiums Would Save $1 Billion: GAO

A cap on crop insurance premium subsidies could save the federal government up to $1 billion a year, according to a government report. If a limit of $40,000 had been applied to individual farmers’ crop insurance premium subsidies, as it …

160-Year Old Hanover Retaking Its Place as P/C Industry Leader

Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 …

Look Out Gecko and Flo, ‘Mayhem’ Man, QB and Professor Are Gaining On You!

The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron Rodgers and the Farmers University professor. The Geico …