Underwriting vs. Coverage Standards June 19, 2023 By Chris Burand Historically, if an account met an insurance company’s underwriting standards, the account was provided coverage in exchange for the required...
Product Recalls Hit Four-Year High in First Quarter 2023: Sedgwick June 19, 2023 Data from the first quarter of 2023 shows that the number of product recalls in the U.S. increased 14.2% from...
Nobody ‘Falls Into’ Insurance Anymore June 5, 2023 By Zane Smith When it comes to attracting and retaining members of Generation Z, there’s one thing I wish insurers knew: They’re selling...
Sanctions Continue to Pile Up for McClenny Moseley & Associates June 5, 2023 By Jim Sams Even though they have been suspended from the practice of law, attorneys with Houston, Texas-based McClenny Moseley & Associates continue...
How Will Economic Pressures Affect the Property/Casualty Industry? June 5, 2023 By Allen Laman How could the current economic environment affect workers’ compensation — and the property and casualty insurance industry overall – in...
Wrongful Death Lawsuit Filed Over Buffalo Massacre Targets Social Media June 5, 2023 By Andrew Simpson A wrongful death suit has been filed on behalf of victims’ relatives, survivors and others affected by...
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...