Features

Report Examines 10-Year California Workers Comp Payment Trends

Average paid losses on California workers’ compensation lost-time claims fell immediately after legislative reforms of SB 863 took effect a decade ago, but then gradually increased up until the pandemic hit, according to a new study. The California Workers’ Compensation …

Three-Quarters of Firms Globally Are Not Ready for New ESG Rules: KPMG Report

Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG. Stricter European Union, U.S. and global rules are being …

Court Orders Subway Franchise Owners in California to Pay Workers Nearly $1M

A federal court ordered the owners of 14 Subway locations north of San Francisco to pay employees nearly $1 million in damages and back pay, and also to sell or shut their businesses, with any sale proceeds going to the …

Redefining ‘Protection’ to Build a More Resilient Future

Most American consumers and business owners share concerns about the year ahead as economists debate whether a soft or hard landing is in store for the U.S. These concerns, driven by sticky inflation and rising interest rates, have led many …

Judge Denies Firm’s Claim for Hurricane Damages Lawsuit Fees

A federal judge rejected a request by McClenny Moseley & Associates to claim an interest in legal fees and expenses from a hurricane damage lawsuit, saying the law firm obtained its clients illegally by using a “modern day case runner.” …

Powers Insurance & Risk Management: Building A Family-Driven Culture of Success

As a multi-year winner of Insurance Journal’s Best Agency to Work For award, J.D. Powers of Powers Insurance & Risk Management doesn’t lose sight of what the honor represents to the St. Louis, Missouri-based company. “The fact that it’s not …

Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction

Independent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn’t mean they aren’t keeping their options open due to the rising cost of premiums. According to the J.D. Power 2023 U.S. Independent Agent Satisfaction Study, overall agent …

The Connectivity Challenge and the Future of Insurance Agents

Connecting the insurance ecosystem through the power of technology could answer the decades-old problem of duplicate entry for agents. Agents still must navigate through multiple carrier portals to complete a single quote, despite the promise of integrated solutions. Or agents …

Growing the Business Is a Team Effort at Ellis Insurance Agency

When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in the Southeast, an office manager said she …

Levitt-Fuirst: ‘Good People Doing the Right Thing’

One employee said they felt heard by leadership. Another praised their knowledgeable coworkers for treating them with respect. A third, a longtime insurance industry veteran, said the positive work experience they’ve had at Levitt-Fuirst Insurance & Bonding has “reinvigorated my …

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