The Continued Importance of Trust Monies, Correct Accounting, and Doing Business with Stable Insurance Companies August 15, 2022 By Chris Burand There was some recent news that the Florida Department of Insurance (DOI) is requiring all agencies to return to the...
How the Supply Chain Crisis Is Heightening Risk Exposures in Commercial Lines August 15, 2022 By Erica Gage, Brynn Ochoa and John Papa The supply chain crisis has seared itself into popular imagination through empty shelves where toilet paper once stood and a...
Agents Expects Big Jump in Online Commercial Insurance Shopping: Survey Reports August 15, 2022 A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next...
Louisiana Insurers Have Paid $13.1B on Ida Claims August 15, 2022 Louisiana insurers have paid or reserved to pay $13.1 billion on Hurricane Ida claims through June 30, 2022, the state’s...
Louisiana Roofing Contractor Fined $249,000 for Failure to Comply with Safety Standards August 15, 2022 A Baton Rouge, Louisiana roofing contractor who ignored federal safety inspectors’ February 2022 warnings that not complying with required fall...
Do Truck Drivers Need CGL Coverage? August 1, 2022 By Bill Wilson During my 17-year stint at the Big “I” national association, I received tens of thousands of coverage questions from member...
California Surplus Lines Association Lowering Stamping Fee August 1, 2022 The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023,...
Solving the Insurers’ Red Queen Dilemma August 1, 2022 By Barry Rabkin Well, in our country,’ said Alice, still panting a little, ‘you’d generally get to somewhere else — if you ran...
California Insurance Commissioner Leaves Workers’ Comp Benchmark Rate August 1, 2022 California Insurance Commissioner Ricardo Lara adopted and issued a rate for workers’ compensation insurance pure premium that he said reflects...
Condo Market Spotlight August 1, 2022 The insurance market for condos has always had its challenges with limited appetite in the marketplace to begin with but...