National Section

Declarations

Strong Feelings “We feel strongly that they should step up and play a role and work with the federal government in this process … We did a thorough assessment and that was completed, and this was the number that we …

New Judicial Appointments Could Help Curb Shareholder Suits, Reduce D&O Losses

Directors and officers (D&O) insurance has faced major losses in recent years, due in part, to what some call a significant increase in shareholder securities class action lawsuits. But a slew of new judicial appointments through the Republican-led Congress could …

The Senior Care Market Still Going Strong

The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the changing landscape in the …

A Storm of Claims Likely Following 2017 Hurricane Season

The aftermath of this year’s hurricanes includes massive reconstruction across the impacted areas, which in turn creates an increased possibility for construction defect claims that would affect the liability insurance market. When Hurricane Harvey swept over large portions of Texas, …

What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities

Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance advisor Willis Towers Watson. According to WTW’s 2018 …

Insurance Agents Make Gains to Organic Growth in Q2: Reagan

Insurance agencies and brokerage firms reported that their organic growth rebounded to 4.6 percent in the second quarter of 2017, a reversal from the 3.9 percent reported in the first quarter, which was the weakest growth rate since 2011. Kevin …

When Hiring Seek the Help of a Bad Cop

I checked my email first thing this morning and got a resignation letter from someone on my team; a relatively new hire. She couldn’t put up with the ambiguity of working for a small entrepreneurial business. Having come from working …

Business Moves

AmWINS, Willis Towers Watson Specialty insurance broker AmWINS Group reported that it has completed the previously-announced acquisition of 15 insurance programs from Willis Towers Watson. Terms were not disclosed. The programs will become part of AmWINS Program Underwriters (APU), a …

Active Shooter and Senior Living Risks

One area of emerging risk for many industries, including the long term care or senior living market, is active shooter risk. Not only are residents/patients at risk, but so are senior living facility employees. “An active shooter event is something …

Disaster Planning for Agencies: Minding Your Business

Northern California and specifically Sonoma and Napa Counties have experienced the worst wildfires in the history of California. Most of these fires began around Oct. 8, 2017, during night with extremely high winds, that knocked power lines out in hills …

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