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...
Insurance Industry Facing Competitive Labor Market April 1, 2019 Like other industries today, the property/casualty insurance industry is facing a highly competitive job market as it strives to fill...
Resolving Insurance Coverage and Claims Disputes April 1, 2019 By Bill Wilson Avoiding Claim Disputes Through Prevention In last month’s column, I enumerated seven factors that enable one to avoid or prevent...
Insurers Cautious About Marijuana Insurance Market April 1, 2019 The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks...