Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best January 13, 2020 Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and...
Potential Wage-and-Hour Claims Could Rise Under New Overtime Rule January 13, 2020 By Andrew G. Simpson New federal rules on overtime pay, which began January 1, change for the first time since 2004 the threshold for...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 13, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Industry Trends to Exploit for 2020 January 13, 2020 By Catherine Oak and Bill Schoeffler The insurance industry is so intertwined into the economy and society, that just about any noticeable change in either will...
How Technology Can Transform the Way Agencies Sell and Service Commercial Lines January 13, 2020 By Michael Rabinowitz Consumers are embracing digital purchasing habits, and that is creating new challenges for independent insurance agencies. At first these were...
Employment Practices – Liability Claims in 2020 January 13, 2020 By Elizabeth Blosfield After Back to the Future 2 was released in 1989, moviegoers could observe Marty McFly as he traveled to his...
Special Report: The Charity Issue – Photos of Giving December 16, 2019 Frank Winston Crum Insurance FWCI has an enterprise philosophy of philanthropy with a primary focus on helping people who cannot...
Jefferson City Tornado-Related Insurance Claims Rise to More than $170M December 16, 2019 State insurance officials say Jefferson City, Missouri, residents made more than $170 million in insurance claims after a tornado hit...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms December 16, 2019 A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in...
Michigan Car Insurance Fee to Drop by 55% Next July December 16, 2019 Michigan drivers who want unlimited medical coverage for crash injuries will pay $100 per vehicle starting in July, which will...