Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File September 29, 2022 By William Rabb Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It...
Truist Acquires Premium Finance Firm From Bank Holding Company September 7, 2022 Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it...
Forged Signatures, Fake Policies? Lawsuits Raise Questions About Captive Plan August 19, 2022 By William Rabb The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named...
People Moves: Senior Roles at Ryan Specialty Underwriting Managers; Snyder Named President U.S. Insurance at Argo; Kovach Joins Concert August 16, 2022 Ryan Specialty Appoints New Senior Leadership within Underwriting Managers Specialty Chicago-based Ryan Specialty has made appointments to three new senior...
Did Builder Groups Block Insurance Industry Move to Require More Storm Shelters? December 27, 2021 A 2012 insurance industry proposal to make tornado shelters part of the building code for large commercial and residential buildings...
Despite COVID, Comp Claims and Severity Declined in 2020, NCCI Says December 1, 2021 The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims...
Top Workers’ Comp Story of 2019: Berkshire Hathaway’s Sale of Applied Underwriters January 2, 2020 The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in...
Workers’ Comp and the Gig Economy: Status Quo Remains, for Now April 1, 2019 By Mark Hollmer The rise of an on-demand economy once threatened to put workers’ compensation insurers in the hot seat, in large part...
8 Things to Consider When Buying or Selling an Insurance Agency April 1, 2019 By Zachary Lerner Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019...
Misdiagnosis Most Common Reason for Malpractice Claims, Studies Claim April 1, 2019 Two recent studies underscored the significance of misdiagnosis as a source of medical malpractice claims. Coverys, a malpractice carrier based...