On Point: bolt CEO Dwane on How Democratizing Distribution Benefits Insureds and Agents June 5, 2023 By Jahna Jacobson Technology has made it easier for consumers to explore and purchase insurance on their own. While some fear this ease...
New Jersey Appeals Ruling Blocking Gunowner Insurance Mandate, Handgun Restrictions June 5, 2023 A federal judge has blocked part of New Jersey’s new handgun carry law that barred weapons from being carried in...
Auto Claim Severity Up 35% Over Pre-Pandemic Rates: LexisNexis Report June 5, 2023 By Jim Sams Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%,...
Florida Courts Flooded with Claims Suits Ahead of Tort Reform Law June 5, 2023 Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state...
Karen Clark Report Shows Just What Failed in Ian, Making it Florida’s Costliest Storm June 5, 2023 By William Rabb A granular look at the most expensive hurricane in Florida’s history, written by the catastrophe modeling firm Karen Clark &...
Frequency Declines But Lost Time Claims Costs Rise in Restaurant Workers’ Comp: Marsh May 22, 2023 By Jahna Jacobson A shortage of workers in the restaurant industry is leading to more expensive and complex claims in workers’ compensation even...
Cybersecurity Fail: Top 10 Passwords Used by the Insurance Industry May 22, 2023 Despite cybersecurity experts’ repeated warnings, the insurance sector, along with other industries, is not doing a great job when it...
A Dozen Ways You Can Be TOO Good at Your Job May 22, 2023 By Bill Wilson Most agent errors and omissions (E&O) policies cover claims that arise from “professional services.” This term is usually defined in...
It’s Just a Name Change and Other ‘ERPS’ May 22, 2023 By Frederick Fisher Claims made insurance policies have existed for a long time. For specialty line insurance policies, such as directors and officers...
Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding May 22, 2023 By Chad Hemenway Chubb CEO Evan Greenberg says society and the business community need to start asking questions regarding the purpose of third-party...