September 22, 2014
In 2013, there were 493 fatal occupational injuries in Texas, an 8 percent decrease from 536 in 2012, the Texas Department of Insurance reported. The figures are based on preliminary data released release by the U.S. Department of Labor, Bureau …
September 22, 2014
Total global intellectual property applications worldwide in 2012: Patent – 2.35 million; Utility Model – 827,500; Trademark – 6.58 million; Industrial Design – 1.22 million. — World Intellectual Property Organization (WIPO) Patent applications for the top 10 offices in 2012: …
September 22, 2014
HSB, a specialty insurer that is part of Munich Re, along with Trail of Bits, a New York cybersecurity firm, recently presented a “Hacker Lab” to provide risk mitigation resources for small business owners. The event showed that cybercriminals view …
September 22, 2014
Many agents understand in principle that “customer experience” is the sum total of an agency’s interactions with prospects and policyholders. In practice, however, customer service often ends up focusing more on the policy transaction and claims, and less on what …
September 22, 2014
It has been more than five years since states, beginning with Illinois, began to enact laws permitting the formation and licensing of domestic excess and surplus lines insurers. To date, these initiatives have gotten very little traction in the insurance …
September 22, 2014
The U.S. Occupational Safety and Health Administration (OSHA) has issued a final rule requiring employers to notify OSHA when an employee is killed on the job or suffers a work-related hospitalization, amputation or loss of an eye. Under the revised …
September 22, 2014
It is common knowledge that if an agency wants to employ a dedicated marketer, hire a young person. They, and only they, know what is happening in social media. By virtue of their youth, and their presumed familiarity with all …
September 22, 2014
Few industries understand the concept of risk better than the insurance sector. But what about infringement risk? Sharing published information is essential to a company’s ability to thrive. Whether developing new insurance products, keeping abreast of state and legislative regulatory …
September 22, 2014
Stormy Relations “Storm surge and wind-driven waves flooded homes and moved them off their foundations in Kapoho, Hawaii County.” —Hawaii Gov. Neil Abercrombie describing the damaging force of the tropical storm Iselle. His petition for disaster assistance for the storm …
September 22, 2014
Nearly 70 percent of business financial losses arise from 10 causes of loss, with the largest single identified cause being ship groundings, reflecting the high values of modern shipping risks, followed by fires and aviation crashes, according to a report …