Small Business Revolution March 7, 2022 By Andrea Wells Optimism, Resiliency Open New Doors for Sector Sector Buoyed by Record Start-Ups, Pandemic Resiliency The global pandemic, economic recession and...
Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years March 7, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Supreme Court Asked to Resolve Federal Drug Law v. State Medical Marijuana Laws Debate March 7, 2022 By Andrew G. Simpson The U.S. Supreme Court has been asked to address whether the federal drug law that criminalizes possession of marijuana invalidates...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021 March 7, 2022 By Chad Hemenway Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in...
Texas Supreme Court Allows For Exception to 8-Corners Rule March 7, 2022 By Jim Sams For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must...
Agency Salary Survey: Why Money Isn’t Everything to Agency Hires February 21, 2022 By Andrea Wells Salaries and total compensation rose in 2021 for all levels of empoloyees reporting in the Insurance Journal Agency Salary Survey....
Building Digital Relationships with Insurance Customers — A Good Website Is Not Enough February 21, 2022 By Chip Bacciocco Does my agent understand my particular risks? Will they make sure my coverage doesn’t lapse? Are they thinking about my...
Construction Defect Insurance Claims February 21, 2022 By Granger Stuck and Jim Borders Construction defect claims and cases are scenarios wherein physical loss or damage is claimed to be related to defective building...
Court Siding With Merck Over War Exclusion for Cyber Attack a Warning to Insurers February 21, 2022 By Chad Hemenway In January, the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4...
Farm & Ranch Market: Evolving to Mitigate the Risks of Today February 21, 2022 By Andrea Wells While the farm and ranch insurance space faces different risks than other property lines, many challenges of insuring those risks...