Features

EEOC Charges, Enforcement, Recoveries Up in 2023: Report

The U.S. Equal Employment Opportunity Commission (EEOC) reported heightened enforcement activity, charge activity and settlements in 2023, according to a recently released report on the agency’s performance during fiscal year (FY) 2023, covering October 1, 2022, through September 30, 2023. …

Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger

Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district judge in …

A North/South Approach

Renting or buying a boat and keeping it in a storage facility in states like Florida is pricey, adding up to a few thousand dollars in monthly rent, sometimes equaling the cost of a high-end boat itself. For those boat …

Ready, Set, Grow: How to Build an Independent Agency and Avoid Common Pitfalls.

You are a seasoned producer who is confident in your skillset. You have built a strong book of business and after a few years, you decide to go out on your own and open an independent agency. As your new …

How Do You Know If It’s an ISO Policy Form?

Since its official inception in 1971, Insurance Services Office Inc. (ISO) has been the national insurance industry standard setter for policy form language. Many insurers use pure ISO forms, usually along with proprietary endorsements of their own. Even insurers who …

A Look at the Liquor Liability Landscape

Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers have pulled out of others. “Every state …

Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies

After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in February 2024 with a seven-year look back on compensation …

The Future of Insurance Agencies

There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch. “The king is dead; long live the …

What Is Insurance?

Based on the last 126 insurance commercials I’ve watched, I wouldn’t have a clue. I saw one insurance commercial the other night that did not even include the word “insurance” in the script other than the carrier’s name. Most people …

Supreme Court Opinion on Maritime Law Solidifies Insurer’s Choice-of-Law Clause

A dispute between an insurer and a yacht owner that went all the way to the U.S. Supreme Court resulted in a decision — the first of its kind on marine insurance in about 70 years — to clarify federal …

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