EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias June 19, 2023 By Matt O'Brien The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that...
Brokers Must Get Creative As Construction Market Grows Amid Project Delays, Labor Shortage, Higher Costs June 19, 2023 By Andrea Wells The U.S. construction sector continues to see strong growth in various sectors and geographies but higher interest rates, higher building...
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 &...
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market June 5, 2023 By Elizabeth Blosfield Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers...
Commercial Property Premiums Up Over 20% to Start 2023: CIAB June 5, 2023 Commercial property premiums increased more in the first quarter of 2023 than they have in more than 20 years as...
Complexities That Arise with ERPs: Part 2 June 5, 2023 By Frederick Fisher For specialty line insurance policies such as directors and officers liability, professional liability, cyber liability etc., claims made insurance policies...
Why Recruiter Retention Is a Problem for Insurance Agencies June 5, 2023 By Mary Newgard I see a lot of turnovers in human resource (HR) departments at insurance agencies. It seems like most internal recruiters...
Why Schools Must Reset and Reboot When it Comes to Insurance June 5, 2023 By Andrea Wells Public entities have unique challenges when it comes to mitigating risks and insuring exposures. They serve their communities through education,...