Auto Service and Repair Market Detail: Anderson & Murison Inc.’s (www.andersonmurison.com) garage package offers general liability and property coverage for businesses in the automotive industry. A&M has in-house binding authority with multiple A+ Rated markets. Available limits: Maximum $10 million …
It’s a good time to be in the restaurant industry. Restaurant sales in 2018 were projected to reach $825 billion — a 3.1 percent increase over 2017, according to the National Restaurant Association (NRA). Employment is up, too. The U.S. …
Citing a concern over potential public disclosure of sensitive worker information, the Occupational Safety and Health Administration (OSHA) recently eliminated a requirement for businesses with 250 or more employees to electronically submit annual reports on every employee injury or illness. …
Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2017, over $636 billion of DPW was reported, a record high for the industry. For 2017, total DPW for all P/C insurers aggregately increased 4.7 …
The National Association of Insurance Commissioners (NAIC) earlier this year named 34 representatives for 2019 under its Consumer Liaison Program that promotes consumer interaction with state insurance regulators at meetings and throughout the year. The 20 funded and 14 unfunded …
How to Improve Producer Hiring Results As an agency owner, the success of your business is directly tied to your hiring process. Each bad hire can easily cost $100,000 to $200,000. However, good producers can add $1 million of annual …
U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under 2 percent on average compared to the same period in 2017, according to Willis Towers …
The Boston-based health care organization founded by giant employers Amazon, Berkshire Hathaway and JPMorgan Chase have announced its name — Haven — and launched a new website at havenhealthcare.com. Haven will serve 1.2 million employees and families affiliated with Amazon, …
Agents Should Place Added Focus on Coverage Differences in Expanding Private Flood Market It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature. Here is what the report, “Affordability …
How People Rationalize Bad Choices When a reward is tempting enough, people will break their own moral codes to gain the desired prize. Afterward, they’ll tell you exactly how they were justified: “It wasn’t as if anyone was harmed,” “I …
