How Social Inflation Is Impacting the Architects, Engineers Market February 20, 2023 By Larry Moonan Social inflation has been a hot topic across the insurance industry over the last few years as claims frequency and...
Allstate’s Plan to Return to Profit in Auto February 20, 2023 By Chad Hemenway Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company’s...
New York Gov. Hochul Vetoes Wrongful Death Damages Bill February 20, 2023 New York Gov. Kathy Hochul vetoed a measure that would have expanded wrongful death benefits after her late bid for...
Root Sues Former CMO Over at Least $9.4M in Unauthorized Payments February 20, 2023 By Chad Hemenway Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments...
Home Heating Oil Leak Is Covered Due to Pollution Ambiguity, Rhode Island Court Rules February 20, 2023 The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous...
10 Emerging Risks & Markets to Know About February 6, 2023 By Chad Hemenway, Don Jergler, Andrew G. Simpson and Andrea Wells Insurance Journal examined industries experiencing changes and a few challenges due to economic forces, tough insurance market conditions, and societal...
Talent Considerations for a Successful 2023 February 6, 2023 By Alicia Morris The insurance industry continues to settle into new working environments, grapple with the effects of “the Great Resignation” and prepare...
Business as Usual Won’t Work in a Hard Market: 4 Steps to Help Your Agency Come Out on Top February 6, 2023 By Paul James Prices are increasing. Customers are at risk of being underinsured. They have questions. And your phone is starting to ring...
Industry Trends to Exploit for 2023 February 6, 2023 By Catherine Oak and Bill Schoeffler Agency owners must watch and learn about major trends when they start. Following are the eight key trends that insurance...
Risk Management in the Metaverse February 6, 2023 By Syed Ahmad, Kevin V. Small, Adriana Perez and Jessica Lamour For many, the “metaverse” sounds like some obscure sci-fi fantasyland. You may be asking, where is it? How does one...