National Section

Top Workers’ Comp Story of 2019: Berkshire Hathaway’s Sale of Applied Underwriters

The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in February and was easily Insurance Journal’s biggest workers’ compensation story of the year then and as the deal played out. …

How Drones and Aerial Imagery Use Rose to New Heights Post 2018 Catastrophes

The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes in the Southeast. From the …

States Treat Electric Scooters as Bikes Even as Injuries Appear to Rise

Kentucky state Rep. Ken Upchurch says he doubts he will ever see an electric scooter in his rural district on the state’s southern border, but he was happy to help when a lobbyist for Bird Rides Inc. asked him to …

Business Moves

National Brightway Insurance Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, launched its new Independent Agent Program with its first group of new owners. The new program was unveiled in January. The following …

How Errors & Omissions Lawsuits May Change

Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters prospects by probability of a sale, plaintiff …

Today’s Hot Markets

Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and insurance market sectors that could offer opportunities for agents and brokers in …

Workers’ Comp and the Gig Economy: Status Quo Remains, for Now

The rise of an on-demand economy once threatened to put workers’ compensation insurers in the hot seat, in large part because the question of how the sector could, or should, cover these individuals remained uncertain. Today, insurers aren’t exactly rushing …

8 Things to Consider When Buying or Selling an Insurance Agency

Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger agency transactions there are …

Misdiagnosis Most Common Reason for Malpractice Claims, Studies Claim

Two recent studies underscored the significance of misdiagnosis as a source of medical malpractice claims. Coverys, a malpractice carrier based in Boston, reported that a review of 1,800 closed claims against physicians from 2013 to 2017 showed 46 percent were …

A Mix of Flood Insurance Reforms

Conservation, CarFax-Like Disclosure, Means-Test for Rates Up for Discussion The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government. If some of today’s reformers get their way, flood …

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