USDA Insurance Program Updates Encourage Conservation February 19, 2024 In December 2023, the U.S. Department of Agriculture announced updates to the federal crop insurance program to affirm USDA conservation...
Houston Attorney Eric B. Dick Sanctioned Over $100K in ‘Frivolous’ Lawsuit February 19, 2024 By Ezra Amacher For the second time in three months, Houston plaintiffs’ attorney Eric B. Dick has been ordered to reimburse an insurer...
WEATHER Act Aims to Reduce Hurdles for Small Farmers February 19, 2024 In December, a group of legislators, including Vermont U.S. Sen. Peter Welch, a member of the Senate Agriculture Committee, and...
Proposed Cybersecurity Legislation Seeks to Protect America’s Food Supply Chain February 19, 2024 U.S. Representatives Brad Finstad (MN-01) and Elissa Slotkin (MI-07) have introduced HR 7062, the Farm and Food Cybersecurity Act, designed...
Wage Growth Likely to Continue Driving Workers’ Comp Payroll Growth February 19, 2024 By Allen Laman Despite a “significant slowdown” in job growth in 2023, a new National Council on Compensation Insurance briefing shared that “wage...
Report: 2023 Combined Ratio Forecast at 103.9, Commercial Lines Performed Best February 19, 2024 The 2023 net combined ratio for the property/casualty industry is forecast to be 103.9, with commercial lines at 97.7 and...
It’s Time for the Commercial Property Insurance Industry to Adopt Tech Efficiencies February 19, 2024 By Alex Lyashok Buyers of commercial property insurance are facing many challenges. Rates are rising, capacity is becoming scarce (particularly in catastrophe exposed...
Travelers’ Q4 Net Income Skyrockets as Personal Lines Reverses Underwriting Loss February 5, 2024 Net income at The Travelers Cos. for the last quarter of 2023 about doubled compared to the same time in...
Southwest Wins Appeal in Cyber Excess Coverage Dispute With Liberty February 5, 2024 By Ezra Amacher The 5th U.S. Circuit Court of Appeals ruled in mid-January that Southwest Airlines can continue to seek reimbursement under its...
Insurance Agency Client Service Hiring Trends For 2024 February 5, 2024 By Mary Newgard Every year, I think of this annual first column as a crystal ball that shows trends in the insurance job...