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

Study Reveals Extent, Nature of Health Data Breaches

Between 2010 and 2013, there were more than 900 data breaches of protected health information affecting at least 500 individuals, with most of them resulting from overt criminal activity, according to a study in the April 14 issue of the …

California Regulator: Utility Too Big to be Safe

Repeated natural-gas accidents – including a 2010 pipeline explosion that killed eight people – suggest that California’s largest power utility could be too big to operate safely, the state’s top utility regulator says. California Public Utilities Commission President Michael Picker …

Arizona Governor Signs Bill to Modify Asbestos Injury Claims

Attorneys representing victims of asbestos exposure say a bill Arizona Gov. Doug Ducey signed into law in April will limit victims’ ability to recover losses. Ducey said he signed the measure to increase transparency and fairness in asbestos litigation. Ducey …

Merger & Acquisition Activity Continues to Climb

Acquisition activity for the first quarter of 2015 reached 90 deals, a record for the first three months of the year. We saw the same number of transactions announced during the fourth quarter of 2014, typically the most active quarter …

5 Myths About Cyber Security and Data Breaches

Data privacy is a rapidly evolving area with many misconceptions. Being aware of such myths puts agents at an advantage as they can explain, in relatable terms, why their clients need to focus on this issue. Security and data breaches …

10 Most Common and Costliest Small Business Claims

Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most common claim is …

Merger and Acquisition Activity

January to March 2015 Announced Date Buyer Seller 01/01/15 AAA Allied Group Inc. Gateway Potter Insurance 01/01/15 Acrisure LLC Arthur Chernick Co. Inc. 01/15/15 Acrisure LLC Sinatro Agency One LLC 02/28/15 Acrisure LLC Paul Goebel Group 01/01/15 Ahmann & Martin …

Young Agents Survey: The Next Generation Steps Up

You can download the PDF of the Young Agents Survey Results for free, compliments of Foremost Insurance Group. The independent insurance agency system is getting older. So much so that the average age of a U.S. insurance agent today is …

Creating Performance-Based Compensation

For many businesses and employees, the standard business model is for the employer to pay the employee a fixed salary based on a basic understanding that the employee will perform certain tasks. Compensation might be altered based on some variables …

Revamp Your Current Millennial Retention Practices

The Millennial generation is making big waves in the business world. Already 77 million strong and accounting for 25 percent of the U.S. workforce, Millennials are redefining the workplace of the future. Unfortunately, Millennials also have a much higher introductory …