Ranchers in 15 Montana counties can start getting federal aid to recover losses from this year’s drought. Bruce Nelson of the Montana Farm Service Agency says the ranches affected by the drought are now eligible for the 2015 Livestock Forage …
The idea that Millennials have superior tech skills and knowledge is something that has been an oft-repeated fact, both in the insurance industry and in our national consciousness. It makes sense; Millennials are the first generation of ‘digital natives’ – …
The Department of Industrial Relations and its Division of Workers’ Compensation have released a report on progress implementing California’s workers’ compensation reforms. The report details increased payments to injured workers and significant cost-saving benefits for employers. The reforms are part …
A Conning report on changing personal line dynamics notes some interesting opportunities for insurers and distributors. Projections show for a rapid increase in the number of people in the 65-plus group over the next 10 years. This aging U.S. population …
The organizers of a Utah comic book convention have been granted a trademark for Salt Lake Comic Con amid a legal battle with the country’s biggest such event in San Diego. Salt Lake City co-founder Bryan Brandenburg said the trademark …
The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare for the disruption. Many insurer executives …
The average rates for the top 10 private passenger auto and homeowner’s insurance groups in Ohio increased 2.6 percent and 4.3 percent, respectively, in 2014. The average rate change for auto insurance is similar while the homeowner’s insurance change is …
The new company formed as a result of ACE Limited’s $28 billion acquisition of The Chubb Corp. will continue the Chubb practices that have made it a favorite among independent insurance agents, ACE CEO Evan Greenberg has promised. The new …
Rapid City, S.D., officials are considering requiring homebuilders to test soil conditions at building sites after homeowners complained of severe damage caused by expansive soils. The Rapid City Journal reports the proposed change would require a home be designed to …
Property/casualty insurers’ catastrophe losses in North America for the first-half of this year were down 36 percent to $8.1 billion from 2014’s total of $12.6 billion, making it the lightest catastrophe first half since 2010. The $8.1 billion in first-half …
