insurance News

Insurers Again Battled Many California Bills, but a Fight Last Year Was Biggest Recent Victory

The election is nearly here, and while it’s been quite a year all around, things could have been worse for the insurance industry. When the year started, insurance industry lobbyists were facing a big battle, and not just COVID-19. As …

Oregon Audit Finds Insufficient Oversight of Harassment Investigations

An Oregon Secretary of State audit has found the Department of Administrative Services does not provide sufficient oversight of investigations into workplace discrimination and harassment throughout state government. The Statesman Journal reports the audit, released Wednesday, also concluded that investigations …

The Comparative Rater Revolution: An Agent’s Story

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). Comparative rating systems may seem commonplace in the 21st century as they’ve been around for more than many decades. Most independent insurance agencies rely on them every …

Kansas Sees Another COVID-19 Spike, Counties Worry About Aid

Kansas reported another seven-day record for new coronavirus cases, with 16% of the tests for the virus during that period coming back positive on Monday. The continued spike in confirmed and probable cases comes as officials in some Kansas counties …

Critical Values in a Property’s Lifecycle

This post is part of a series sponsored by CoreLogic. Accurate valuation is critical to the primary functions of the real estate economy. From the listing of a property all the way through acquiring insurance, there are 3 critical moments …

21 Shipping Containers Fall Overboard off Hawaiian Islands

At least 21 shipping containers fell from overboard into the ocean near Hilo this week, the U.S. Coast Guard said. Nine of the 40-foot shipping containers were located and 12 remained missing, the Coast Guard said. The crew of the …

Developing A New Agent Training Plan

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). When you’re starting a new insurance agency, one of the final things you’ll need to consider is training your staff. Even if you’re not going to have …

Insurance Survey: How Is Pandemic Affecting Your Life, Your Work, Your Industry?

No matter where you work in the P/C insurance industry, your experience is important. How is the coronavirus pandemic affecting you now? Going forward? What do you expect to change? When will you be ready to travel? How do you …

Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires

This post is part of a series sponsored by CoreLogic. California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years later, state regulators, utility companies, and insurers are …

It’s Time for the IA Channel to Show Its Strength

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). The future seems unclear right now. Even the very near future as things are changing quickly. Of course, there is basis to that concern. Every industry is …