Features

The Problem(s) With Hail Claims – Part 2

In last month’s column, we began our examination of hail and windstorm claims issues by focusing on the pervasive problem of whether delayed discovery and reporting of hail damage meets the conditional requirements of most homeowners policies to report damage …

Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns

Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political unrest. That’s according to the annual Marsh McLennan Agency …

Nationwide Pet Shedding 100,000 Policies

The leading pet insurer in the U.S. said it is dropping about 100,000 policies starting this spring, citing inflation in the cost of veterinary care. Nationwide Pet, the leading provider of pet insurance for dogs, cats, birds and exotic animals, …

Recruiting Hacks That Instantly Boost Candidate Engagement

Why don’t candidates I reach out to respond?” It is frustrating when people apply for your jobs only to never respond to an interview request, or in the case of LinkedIn, you send an InMail about a job opening that …

Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry

The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with healthcare replacing IT as the most exposed sector in the next 10 years. The rankings …

Familiar Concern: Construction’s Labor Woes

While the rise in new business activity in the construction space is exciting for insurers, the decades-long dilemma over a shortage of qualified talent does worry underwriters. Darren Tasker, North American head of energy and construction at Allianz Commercial, says …

Supreme Court Backs NRA in First Amendment Claim Against New York Regulator

The U.S. Supreme Court has revived a claim by the National Rifle Association (NRA) that a former New York regulator allegedly violated the organization’s First Amendment rights by coercing insurers and banks to terminate their business relationships with the NRA …

Washington Asbestos Removal Company Fined Nearly $800K

A Lynnwood, Washington, asbestos removal contractor is facing stiff fines for knowingly and repeatedly exposing employees and homeowners to extremely hazardous conditions. The Washington Department of Labor & Industries inspection of two Seattle Asbestos of Washington job sites at homes …

Hiring Insurance Agents: The Secret to Cultivating Successful Producers

Having spent 15 years traveling across the country meeting principals, I’ve learned much about why some agencies are successful and others fail when it comes to acquiring and nurturing new producers. What I’ve discovered is that the most favorable results …

Oregon Wineries and Vineyards Seek $100M from PacifiCorp for Wildfire Smoke Damage

Dozens of Oregon wineries and vineyards have sued PacifiCorp over the deadly 2020 wildfires that ravaged the state, alleging that the utility’s decision to not turn off power during the Labor Day windstorm contributed to blazes whose smoke and soot …

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