June 2, 2014
Most independent insurance agents stick with their top personal lines and commercial lines companies for years, although they are less-than-satisfied in a number of carrier-performance areas. This is among the many findings in a new national survey of agents conducted …
June 2, 2014
In a world where a simple online search can yield a universe of information about insurance products and services in the blink of an eye, it is perilously easy to overlook the key role an age-old human transaction β the …
June 2, 2014
The risk profile of healthcare organizations is evolving, thanks in large part to the Affordable Care Act. To manage new healthcare needs medical professional liability experts say they have had to evolve as well. Part of that evolution for carriers …
June 2, 2014
Technology will not replace all agents and brokers but it will force agents, brokers and carriers to adjust how they handle consumers’ preferences. That’s according to the latest sigma study by Swiss Re, “Digital distribution in insurance: a quiet revolution.” …
June 2, 2014
So far so good when it comes to how reinsurers and insurers have coped with climate change. That’s according to a new report by Standard & Poor’s titled “Are Insurers Prepared For The Extreme Weather Climate Change May Bring?” “Whether …
June 2, 2014
In a recent decision, a New York judge held that a commercial general liability (CGL) policy did not provide coverage for an online data breach where hackers stole the personal information of millions of users. The case remains subject to …
June 2, 2014
The car of the future is pictured in an imagined scene in a 1950s science magazine. The illustration depicts a family sitting in a big convertible, a tail-finned monster. Mom, Dad and their kids are in a circle, playing a …
June 2, 2014
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Trucking Insurance Market Detail: ProSight Specialty Insurance works exclusively with select distributors that have deep understanding of their customer. Its partner, …
June 2, 2014
Utah is the top state for charitable giving, thanks largely to the Mormon tradition of tithing. The typical household claimed charitable contributions totaling 10.6 percent of discretionary income, more than 3 percent ahead of the next most charitable state. βThe …
June 2, 2014
I do not know where agents are going for their errors and omissions (E&O) education, because from what they tell me about their standard of care it often has absolutely no connection to what I know their standard of care …