Monthly Archives: <span>January 2015</span>

Natural Disasters in 2014

All in all, 2014 was not as bad as it could have been for natural disasters in the United States. Last year closed with fewer tornadoes, a mild hurricane season, lower acreage lost to wildfires, and an overall decline in …

Labor Woes for a Rebounding Construction Market

With construction activity picking up steam all across the nation, insurers are expressing concern over how the construction sector will meet the growing demand for qualified labor. Insurers are concerned not only with the shortage of new workers but also …

Many Hispanic Renters Overestimate Cost of Insurance

Almost half (43 percent) of Hispanics without renters insurance think they cannot afford it but they overestimate the cost, a new survey shows. Eighty-eight percent of respondents in the Hispanic market survey by State Farm overestimate what a typical renters …

ACE to Buy Fireman’s Fund Personal Lines; Famous Brand Fading Away

On Dec. 18, Allianz Group announced that it would sell the U.S. personal lines business of its Fireman’s Fund unit to ACE for $365 million by means of renewal rights arrangement. The merger of the personal lines business with ACE …

When It Comes to Mobile for Independent Agents It’s the App that Counts

Have agents reached a tipping point when it comes to making their services accessible with a smartphone? Some believe the independent agent still has time to adapt. Others argue that those who wait will be run over by competitors – …

2015 Insurance Industry Meetings & Conventions Directory

Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other meetings, including industry-related seminars, conferences and workshops. The online Insurance Journal …

Readers’ Choice: Cyber Risk Was Top P/C News of 2014

InsuranceJournal.com asked readers what they thought was the most important property/casualty insurance story of 2014. Cyber risk came in on top, followed by news about Uber and ridesharing services. Here’s how the results ranked:

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Building Materials Distributors & Manufacturers Program Market Detail: Empire Underwriters has a general liability insurance program for manufacturers and distributors of …

Nebraska Court Agrees with Insurer on Denial of Dog Bite Coverage

A woman who had part of her lower lip bitten off by a dog she was watching for friends has no right to seek payment of medical expenses from the owners’ home insurance company, the Nebraska Supreme Court ruled. Jennifer …

New Workers’ Comp Reimbursement Rules Take Effect in Michigan

Changes in how doctors are paid for treating some injured employees covered by workers’ compensation are expected to address the long-term use of pain relievers and help cut medical costs for Michigan job providers, according to state officials. The new …