Articles by Don Jergler

Farmers Expects $2.1B in Claims from California Wildfires

Farmers Insurance expects $2.1 billion in claims from the California wildfires in November. The Los Angeles, Calif.-based carrier said it has so far received more than 9,000 claims combined for the Camp Fire in Northern California and the Woolsey Fire …

Expert Sees a ‘Strong Need’ for Insurance for Cannabis Industry

There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the sector. Ian Stewart, a partner in Wilson Elser and chair of the …

Will California See More Laws and Regulations in Wake of Wildfires?

Last year’s California wildfires destroyed thousands of homes and cost billions of dollars, but they also created numerous new laws and regulations in their wake as Legislators and insurance regulators looked for ways to further protect homeowners. With another series …

What Agents Should Know About Cryptocurrency

Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there are not many insurers willing to write it. Before jumping in, agents would be wise to consider partnering with a …

Survey from Regulator of Largest U.S. Insurance Market Shows More Coal Divestment by Insurers

California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an increase in the number of insurers that divested …

Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California

A new insurtech wants to provide pay-as-you-go workers’ compensation to as many small businesses in California as possible, and it hopes to use the momentum it’s built following a quiet launch in the East earlier this year to do just …

What Agents Should Know About Cryptocurrency Insurance Market

Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there are not many insurers willing to write it. Before jumping in, agents would be wise to consider partnering with a …

Carbon Copies of Flo, Jake, Gecko Join Climate Change Protest at NAIC Meeting

An angry Flo, an unusually sullen Jake, a less-than cheeky Gecko and a hawkish duck stood outside the National Association of Insurance Commissioners meeting in San Francisco on Thursday in protest to call out the industry for its investments in …

Cyber Expert Says Industry Over-Complicates Cyber Insurance

Cyber insurance is relevant to every type of business but the insurance industry needs to make it simpler so that more businesses understand why they should buy it, according to Graeme Newman, chief innovation officer at CFC Underwriting, a cyber …

Insurance Agent at Heart of Heartbreaking California Wildfire

Derek Ross has his hands full with the Woolsey Fire in Southern California for three reasons. He’s an insurance agent with numerous clients affected, he’s the president of the board of a school district that’s had to close due to …