Commercial Auto Among Lines With Flattening Rates in 2022, USI Forecast Predicts February 7, 2022 Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial...
Insurance Agency M&As Jumped 30% in 2021: OPTIS February 7, 2022 There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to...
Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight February 7, 2022 By Jim Sams Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to...
All Additional Insureds Aren’t the Same February 7, 2022 By Bill Wilson For at least the past couple of decades, it seems that in just about every contract, the upstream party wants...
What Is An Insurance Agent’s Job? January 24, 2022 By Chris Burand A family member recently bought a house. His realtor was connected to an agency of which I am familiar. In...
Workplace Class Action Settlement Costs Reached $3.6B in 2021 January 24, 2022 By Jim Sams The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would...
WSIA’s Diversity, Inclusion Director Sees Industry Progress, Commitment to Change January 24, 2022 By Amy K. O'Connor In its commitment to promoting diversity, equity and inclusion in the insurance industry, the Wholesale and Specialty Insurance Association (WSIA)...
Colorado Wildfire Caused $513M in Damage, Officials Say January 24, 2022 By Haven Daley The Colorado wildfire caused at least $513 million in damage and destroyed nearly 1,100 homes and structures, officials as they...
Insurance Companies Sue Texas Power Grid Operator January 24, 2022 More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered...
Judge Tosses California Lawsuit of Man Who Was Nude Baby on Album Cover January 24, 2022 By Andrew Dalton A federal judge has dismissed the lawsuit of a 30-year-old man who alleged that the image of him nude as...