Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re April 5, 2021 By L.S. Howard Natural and man-made catastrophes cost the insurance industry US$89 billion in 2020, in the fifth costliest year since 1970, according...
Insurance Broker Acrisure Raises $3.45 Billion April 5, 2021 Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion....
Due Diligence Pitfalls and Solutions March 22, 2021 By Catherine Oak and Bill Schoeffler Mergers and acquisitions continue to occur at a very fast pace, despite COVID-19, election results, unemployment, natural disasters, etc. After...
Oregon Lawsuits Seek $1B from Pacific Power over Wildfires March 22, 2021 Two new lawsuits filed in Marion County, Ore., seek more than $1 billion in damages from Pacific Power, claiming the...
Errors & Omissions and An Agency’s Value Proposition March 22, 2021 By Chris Burand When you go to an errors and omissions (E&O) education program, inevitably, the message contains something like this: “Do not...
State Farm Returning $400M to California Auto Customers March 22, 2021 State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the...
Insurers Bail As Boat Business Booms March 22, 2021 By Andrea Wells The year was a good one for boat manufacturers. With heightened interest in outdoor recreation activities and ways to social...
Video Surveillance Leads to Workers’ Comp Fraud Charges Against California Woman March 22, 2021 Veronica Catalina Cortes-Ambrosio, 53, of Madera, Calif., was charged on two felony counts of insurance fraud after allegedly lying about...
Managing Risk by Training Restaurant Employees March 22, 2021 By Patrick Wraight Restaurants are risky businesses. They take more cash than you would think. They take more time than you want to...
Massachusetts Court Says Associate Professor at Christian College Is Not a Minister March 22, 2021 By Elizabeth Blosfield An associate professor at a Christian liberal arts college is not considered a minister and is therefore protected from discrimination...